Branded Legacy, Inc. Acquires MariJ Pharmaceuticals, Inc.
December 4, 2023
Branded Legacy, Inc. (OTC: BLEG) completed the acquisition of MariJ Pharmaceuticals, Inc., a Clearwater, Florida-based certified-organic CBD extraction and production company, on December 4, 2023. The deal transfers MariJ's mobile CO2 extraction units, licensed vehicles, production lab, IP (including a patent), organic certifications, customer and operational databases, and licenses to Branded Legacy in exchange for preferred series stock and cash.
- Buyers
- Branded Legacy, Inc. (BLEG)
- Targets
- MariJ Pharmaceuticals, Inc.
- Sellers
- Rick Pertile (CEO of MariJ Pharmaceuticals, Inc.)
- Industry
- Biotechnology
- Location
- Florida, United States
- Transaction Type
- Buyout
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