CBD Global Sciences, Inc., dba Global Sciences Inc. (OTCPK:CBDNF) (CSE:CBDN) (Frankfurt:GS3.F) (Munich:GS3.MU) has signed into a binding letter of intent with Pure Vision Technology LLC for the acquisition of 100% of Pure BioPlastics Inc., a company in Ft. Lupton, Colorado.
With the acquisition of Pure BioPlastics Inc., the company will create a bio-based technologies division, run by Ed Lehrburger, who is a PBP founder and a principal of its parent company, PureVision Technology LLC. This new division will continue advancing solutions to the global environmental issues dealing with plastics.
