Premier Brands, Inc. (OTCPINK: BRND) saw its share volume skyrocket on May 27th with 392,027,232 shares exchanging hands, seven and a half times higher than its three month daily average volume of 52,020,278 shares.
This uptick in volume comes after Premier Brands, a company in the business of creating, acquiring and marketing consumer packaged goods and new product development, introduced today their new brand of medical marijuana products called Nutracannabis.
The Nutracannabis brand name will be used to launch an entire array of medical marijuana and hemp products and services presented and branded as "Powered by Nutracannabis".
Publicly traded and private companies will be able to create their own line of hemp and medical marijuana products in only a few short weeks by partnering with Premier Brands to create, produce, market and sell their own line of products.
The first products to hit the market will be skin care and nutritional supplements in pill form, all created in-house by Premier’s product development and marketing team.
BRND closed the day on May 27th at $.001.
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Latteno Food Announced Closing of Acquisition Agreement
Latteno Food Corp. (OTCPINK: LATF) saw its share volume skid on May 27th with 77,193,040 shares exchanging hands, more than half less than its three month daily average volume of 157,821,510 shares.
Latteno Food recently announced the closing of an Acquisition Agreement with Vemas Herb & Health, one of Los Angeles' first and premier pre-ICO Medical Marijuana (MMJ) license holders, to acquire their MedCann Express and CannaBee Sweets operating divisions. The two divisions will be integrated into Latteno's current operations; and the Company will integrated the best selling products and services across the Company's varied operations.
CannaBee Sweets' fine line of MMJ edibles will be integrated into Latteno MMJ edibles offering as Latteno's Premier brand. The new CannaBee Sweets website is currently under construction.
"We are very excited with the acquisition of Vemas' operating divisions and the potential they hold as we integrate them into our operations. We look forward to further announcements as the next steps in our products development," commented CEO Thu Le. "This acquisition is an important step in our aggressive growth strategy."
LATF closed the day at $.0048 on May 27th, 9.09% higher than its previous close of $.0044.
VEND Announced Launch of Fresh Micro Market
Fresh Healthy Vending International, Inc. (OTCQB: VEND) saw its share price continue its downward trend on May 27th, closing 7.29% down from its previous close.
VEND recently announced the launch of its Fresh Micro Market: an unstaffed, fully automated self-checkout retail market, stocked regularly with healthy snacks and complete meal options that can be customized to support company wellness programs and meet employee preferences.
"This is a high growth, exciting but untapped industry segment for us and our franchisees," explained Nick Yates, VP of corporate operations for Fresh Healthy Vending. "Our market and product research and due diligence review of third-party industry options, including a possible acquisition, led us to develop and manufacture the new proprietary micro markets that we are proud to introduce today. With the close collaboration of Reliable Contractors, Inc. and VirtueBuild, both of San Diego, we fine-tuned the hardware components and powerful software features of our Fresh Micro Markets to present what in our view can become the segment leader that generates rapid market penetration and revenue growth for our franchisees and us."
VEND’s share volume slid on May 27th with 126,813 shares exchanging hands, significantly lower than its three month daily average of 272,395 shares.
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