North Bud Farms Inc (CNSX:NBUD) (OTCMKTS:NOBDF) CEO Ryan Brown shares details of the company’s binding LOI to acquire all shares of Eureka Vapor LLC. Eureka is a manufacturer and retailer of premium cartridge-style disposable vapor pens in California and Colorado. Eureka has significant market penetration in both states and North Bud Farms’ stock soared on news of the acquisition. Brown believes Eureka, a legacy brand in California, helps North Bud Farms build its portfolio of brands as the company looks to build its US footprint. Brown comments on the importance of the US space and highlights that listing in the US has raised the company’s profile. Construction continues on the company’s production facility in Quebec and Brown anticipates the plant will be operational in Q2.
Transcript:
Narrator: North Bud Farms, Inc. is a Canadian-based company that operates and manages cannabis production facilities. Through its wholly owned subsidiary, GrowPros MMP, Inc., North Bud Farms is pursuing a license under the Cannabis Act.
The company is constructing production facilities in Low, Quebec.
North Bud Farms, Inc. plans to focus on pharmaceutical and food-grade cannabinoid production in preparation for the legalization of edibles and ingestible products scheduled for October, 2019.
North Bud Farms, Inc. is listed on the CSE under the ticker symbol NBUD.
James West: Hey, Ryan, how are you?
Ryan Brown: Great, James, how are you?
James West: I’m doing well, thanks. What’s new with North Bud Farms?
Ryan Brown: Well, we put out a press release last week announcing a bindi