Hemp Technology Inc. Receives Court Approval to Acquire True Leaf Pet Assets

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About Hemp Technology Inc.A vertically integrated, publicly traded holdings company, Hemp Technology Inc, (HPTY:OTCBB) operates and intends to further obtain a diversified portfolio of subsidiary companies. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. About True Leaf Pet True Leaf Pet Inc., is a global pet care company offering high quality plant-focused wellness products that improve the quality of life for companion animals. TLP is a division of True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA). Hemp Technology Inc. operates and intends to further obtain a diversified portfolio of subsidiary companies.

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LOS ANGELES, Aug. 31, 2020 /PRNewswire/ — Hemp Technology Inc. (HPTY: OTCBB), (“HPTY”), a vertically integrated, publicly traded holding company operating in the hemp industry, has successfully entered into a purchase and sale agreement dated August 11, 2020, to acquire substantially all of the assets of True Leaf Pet Inc. (“TLP”). TLP is a division of True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA).

We are pleased to advise that the Approval and Vesting Order was granted by the Court on Friday August 28, 2020.

The closing of the transaction pursuant to the Sale Agreement (the “Transaction”) was subject to approval...

Read the full article @ Cannabis Law Report