Real Brands, Inc. signed the definitive agreement to acquire Substantially All Assets of Boulder Botanicals & Biosciences Laboratories, Inc. for $12 million.

Real Brands, Inc. (OTCPK:RLBD) signed a letter of intent to acquire Substantially All Assets of Boulder Botanicals & Biosciences Laboratories, Inc. on June 2, 2022. Real Brands, Inc. (OTCPK:RLBD) signed the definitive agreement to acquire Substantially All Assets of Boulder Botanicals & Biosciences Laboratories, Inc. for $12 million on September 27, 2022. The acquisition will include Boulder Botanical's brands, IP, distribution and 27,000 sq.

ft. R&D and production facility in Golden, Colorado. This proposed transaction remains subject to a definitive agreement and due diligence.

A formal closing is expected within the next few weeks.