Lotus Bio-Technology Development Corp. (OTCPK:LBTD) signed a definitive agreement to acquire all assets of CBD SOCO on October 24, 2016. Lotus Bio-Technology will acquire trade secrets, intellectual property, and proprietary information. N. Spears and Jessie Salyer will be joining the team to help produce and process the company's organic materials Lotus Bio-Technology Development Corp. (OTCPK:LBTD) cancelled the acquisition of all assets of CBD SOCO on November 25, 2016.