Deal Snapshot
Hemp Technology Closes Acquisition of True Leaf Pet Assets
Wednesday 16 September 2020

US-based holding company Hemp Technology Inc. (OTCBB: HPTY) has closed a purchase and sale agreement dated August 11, 2020, to acquire substantially all of the assets of pet care company True Leaf Pet Inc, the company said.

The closing of the transaction pursuant to the sale agreement was subject to approval by the Court of the transaction within 30 days of the execution date. Hemp Technology Inc. will commence reporting revenue in this subsidiary in the second quarter 2020 financials.

Date Published: 16/09/2020