QualityStocksNewsBreaks – ECGI Holdings Inc. (ECGI) Enters LOI to Acquire EC, Including 8bit BUDS Brand
ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today announced its entry into a letter of intent (“LOI”) toward the acquisition of the key personnel, intellectual properties, business operations, and the future business operations of Endless Consciousness Inc. (“EC”), a California corporation involved in the legal cannabis product marketplace. With the acquisition, the company will acquire all current and future planned brands developed by EC, including recently launched 8bit BUDS. “The real gem in this deal is the experienced and accomplished EC team. This team has sales…