Nhale, Inc. (NHLE) Approaches Final Agreement with Oregon-based Acquisition Target
U.S.-based Nhale, Inc. seeks to acquire companies with valid business models in the legal cannabis industry. On par with this growth strategy, and as a result of recently received additional due diligence, Nhale is nearing a conclusive agreement with a prospective Oregon marijuana grower. The grow facility is projected to gross approximately $8.8 million in revenues during its first year of operation and is anticipated to triple in size each year thereafter. As it considers the collaboration, Nhale says it has established a subsidiary in the state of Oregon for the purpose of growing and distributing legal marijuana. The location…