| Abstrakt: |
MIAMI, Feb. 10, 2021 /PRNewswire/ -- InvestorsHub NewsWire -- 4Cable TV International, Inc. (OTC: CATV) (the "Company") announced today that it completed the acquisition of CIGN, LLC devoted to growing hemp flower and seedlings to support a global CBD integrated services and products company. Effective February 9, 2021, the Company acquired 100% of the equity interests of CIGN, LLC. As a result of the acquisitions, the Company will operate a State of the Art Cravo Grow Facility. Gross sales of CIGN for 2021 are expected to reach between $20 and $40 million dollars. This acquisition, together with the Company's previously acquired entities further the Company's new strategy of transforming the Company into a fully integrated global CBD/hemp business. [ABSTRACT FROM PUBLISHER] |
