Agritek Holdings, Inc. Announces Board Approval and Completion of Due Diligence Period to Proceed with Apex Extractions Acquisition Including Assets, Brands and Distribution
AGRITEK HOLDINGS INC (AGTK)
NASDAQ:AMEX Investor Relations:
ir.agritekholdings.com
Company Research
Source: GlobeNewswire
LOS ANGELES, CA, Dec. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has completed the due diligence process and received board approval for the acquisition of certain assets, distribution and brands of the leading California based cannabis manufacturing Company Apex Extractions (www.Apexextractions.com). The highly complementary acquisition brings together one of the most recognized cannabis brands in California with licensed manufacturing facilities in Oakland, California and eleven cannabis cup wins with immediate access to the public markets. Agritek Holdings along with Apex has immediate plans to expand its award winning brands to Nevada after the New Year to offer a full range of products to consumers in states across the country. "With the pending acquisition of assets fr
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