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Nass Valley Gardens Inc. Announces It Has Signed A Definitive Agreement To Purchase Super Scientific Laboratories Llc Of Miami Lakes, Florida

Jan 18, 2023•almost 3 years ago

Acquiring Company

Nass Valley Gardens

Acquired Company

Green Scientific Labs, LLC

DavieCannabis

Description

via NewMediaWire -- Nass Valley Gardens Inc., a Nevada registered C-Corp and a wholly owned subsidiary of Nass Valley Gateway Ltd., (CSE:NVG) (OTC:NSVGF)(FSE:3NVN), announced today that it signed a definite agreement on 12/31/2022 to purchase 100% of Super Scientific Laboratories LLC, a leading manufacturer of products focused on CBD, cannabidiols, vapes, gummies, soaps, lotions and other consumer products.

Company Information

Company

Nass Valley Gardens

About

Nass Valley Gardens Inc. is a subsidiary of Nass Valley Gateway LTD (NVG), a publicly traded company on the CSE. In 2019, Nass Valley Gateway Ltd began focusing on the sales and distribution of organic, non-GMO hemp-based, CBD products and purchased Nass Valley Gardens Inc and its lineup of CBD products sold via digital sales channels. Nass Valley Gardens’ products target the pain remediation, sleep, focus, dermatology, anti-aging, pet, hair, and beauty markets. We seek Safe Harbor. This press release is for information purposes only and does not constitute an offer or sale of the securities mentioned above. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to Regulation A of the Securities Act of 1933.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed