PHBI – Pharmagreen Announces Affirmed MOU To Acquire Licensed California Cannabis Company
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The Street

By GlobeNewswire CARSON CITY, NV, Jan. 06, 2022 (GLOBE NEWSWIRE) — Pharmagreen Biotech, Inc., (OTCQB: PHBI), today announced an affirmed memorandum of understanding (MOU) to acquire Long Valley Farms LLC, a California based cannabis company. The acquisition includes land, infrastructure, and a Cannabis cultivation license for the operation of a cannabis business in the State of California. This acquisition is a strategic component of Pharmagreen’s strategy to convert the revenue potential of its proven proprietary cannabis tissue culture technology, Chibafreen, into realized revenue. As part …

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