New You, Inc. Subsidiary ST Brands Enters LOI to Acquire Leading UK CBD Cosmetics and Edibles Wholesaler, Always Pure Organics

Carlsbad, California--(Newsfile Corp. - June 16, 2021) - New You, Inc. (OTCQB: NWYU) today announced entry of its wholly owned subsidiary, ST Brands, into a non-binding letter of intent (LOI) to acquire 100% ownership of Always Pure Organics Limited ("APO"), a top-three wholesale and white label market leader for a complete portfolio of edible, cosmetic and topical cannabidiol (CBD) products in UK, Europe, and Japan. Terms include a total purchase price of $130,000,000 for 100% ownership of...

2021-06-16 11:13 AM EDT