M&A
confidence high
sentiment positive
materiality 0.60
CFN subsidiary to acquire Colorado CBD manufacturing property for 1M restricted shares
CFN Enterprises Inc.
- CFN Real Estate II LLC agrees to buy 26,330 sq ft CBD extraction/manufacturing facility on 2.85 acres in Wray, CO.
- Purchase price is one million restricted shares of CFN common stock; includes GMP certification.
- Acquisition expected to boost CNP Operating business production by over 50%.
- Closing set for April 29, 2022, subject to customary conditions.