CFN Enterprises acquires Prestige Worldwide Wine Company for 150,000 shares

CFN Enterprises Inc.

J Street Capital Partners, a CFN subsidiary, acquired 100% of Prestige Worldwide Wine Company from Thomas Hinde.
Consideration: 150,000 shares of CFN common stock; shares subject to 12-month lockup and 48-month leak-out agreement.
Prestige is a winemaking consulting firm with global trademarks, IP, formulations, and distributor network.
CFN also entered a one-year consulting agreement with Thomas Hinde for winemaking services.
CFN board reviewing strategic options for subsidiary Ranco, LLC, given regulatory environment.

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