NetworkNewsBreaks – Pressure BioSciences, Inc.’s (PBIO) Pending Merger Partner Enters LOI to Acquire Five Leaf Labs
Pressure BioScience (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage industries, on Tuesday announced that one of its two pending merger partners, Cannaworx, Inc., is substantially expanding its sales and distribution network through a letter of intent (“LOI”) to acquire Louisiana-based Five Leaf Labs (“FLL”). FLL recently released its first set of CBD-infused products to the U.S. market. “We attribute the success of our initial launch to both the high quality of our hemp source supply and processing…
