Green Leaf Innovations, Inc. Provides Update on Acquisition of SOFLO Wholesaler Group, Inc.
Green Leaf Innovations (OTC PINK:GRLF) has provided an update on its planned acquisition of SOFLO Wholesaler Group. Since announcing the letter of intent on September 11, 2024, significant progress has been made in due diligence, with a signed agreement expected soon. The acquisition aligns with Green Leaf's strategic vision to expand its product offerings and market presence in the premium cigar industry.
SOFLO Wholesaler Group is known for distributing top-rated cigars and serving over 400 customers across multiple sectors. Green Leaf's CEO, Roberto Mederos, expressed optimism about the transaction and its potential for continued growth in the premium cigar market. The company remains committed to creating value for shareholders and customers, with further updates to be provided as the acquisition process progresses.
Green Leaf Innovations (OTC PINK:GRLF) ha fornito un aggiornamento sulla sua acquisizione pianificata del SOFLO Wholesaler Group. Da quando è stata annunciata la lettera di intenti l'11 settembre 2024, sono stati compiuti progressi significativi nella due diligence, con un accordo firmato previsto a breve. L'acquisizione si allinea con la visione strategica di Green Leaf di espandere la propria offerta di prodotti e presenza sul mercato nell'industria dei sigari premium.
Il SOFLO Wholesaler Group è noto per la distribuzione di sigari di alta qualità e per servire oltre 400 clienti in vari settori. Il CEO di Green Leaf, Roberto Mederos, ha espresso ottimismo riguardo alla transazione e al suo potenziale per una continua crescita nel mercato dei sigari premium. L'azienda rimane impegnata a creare valore per gli azionisti e i clienti, con ulteriori aggiornamenti in arrivo man mano che il processo di acquisizione avanza.
Green Leaf Innovations (OTC PINK:GRLF) ha proporcionado una actualización sobre su adquisición planificada del SOFLO Wholesaler Group. Desde que se anunció la carta de intención el 11 de septiembre de 2024, se ha avanzado significativamente en la debida diligencia, y se espera un acuerdo firmado pronto. La adquisición está alineada con la visión estratégica de Green Leaf para expandir su oferta de productos y presencia en el mercado en la industria del cigarro premium.
SOFLO Wholesaler Group es conocido por distribuir cigarros altamente valorados y por servir a más de 400 clientes en múltiples sectores. El CEO de Green Leaf, Roberto Mederos, expresó optimismo acerca de la transacción y su potencial para un crecimiento continuo en el mercado de cigarros premium. La empresa se mantiene comprometida a crear valor para sus accionistas y clientes, con más actualizaciones a medida que avanza el proceso de adquisición.
Green Leaf Innovations (OTC PINK:GRLF)는 SOFLO Wholesaler Group의 계획된 인수에 대한 업데이트를 제공했습니다. 2024년 9월 11일에 발송된 의향서 발표 이후, 실사를 위해 상당한 진전을 이루었으며 곧 서명된 계약이 예상됩니다. 이 인수는 그린 리프의 전략적 비전인 프리미엄 시가 산업에서 제품 제공 및 시장 존재감을 확장하는 데 부합합니다.
SOFLO Wholesaler Group은 최고 평가를 받은 시가를 유통하며 여러 분야에서 400명 이상의 고객에게 서비스를 제공하는 것으로 알려져 있습니다. 그린 리프의 CEO인 로베르토 메데로스는 이 거래와 프리미엄 시가 시장에서의 지속적인 성장 가능성에 대해 낙관적인 의견을 나타냅니다. 회사는 주주와 고객에게 가치를 창출하는 데 전념하며, 인수 과정이 진행됨에 따라 추가 업데이트를 제공할 것입니다.
Green Leaf Innovations (OTC PINK:GRLF) a fourni une mise à jour sur son acquisition prévue du SOFLO Wholesaler Group. Depuis l'annonce de la lettre d'intention le 11 septembre 2024, des progrès significatifs ont été réalisés dans la due diligence, et un accord signé est attendu prochainement. L'acquisition est conforme à la vision stratégique de Green Leaf d'étendre son offre de produits et sa présence sur le marché dans l'industrie des cigares premium.
Le SOFLO Wholesaler Group est connu pour distribuer des cigares hautement notés et pour servir plus de 400 clients dans divers secteurs. Le PDG de Green Leaf, Roberto Mederos, a exprimé son optimisme quant à la transaction et à son potentiel de croissance continue sur le marché des cigares premium. L'entreprise reste engagée à créer de la valeur pour ses actionnaires et clients, avec des mises à jour supplémentaires à fournir à mesure que le processus d'acquisition progresse.
Green Leaf Innovations (OTC PINK:GRLF) hat ein Update zu seiner geplanten Akquisition der SOFLO Wholesaler Group bereitgestellt. Seit der Ankündigung des Absichtsschreibens am 11. September 2024 wurden erhebliche Fortschritte bei der Due Diligence erzielt, und es wird bald mit einer unterzeichneten Vereinbarung gerechnet. Die Akquisition entspricht der strategischen Vision von Green Leaf, sein Produktangebot und seine Marktpräsenz in der Premium-Zigarrenbranche zu erweitern.
Die SOFLO Wholesaler Group ist bekannt für den Vertrieb von höchstbewerteten Zigarren und bedient über 400 Kunden in verschiedenen Sektoren. Der CEO von Green Leaf, Roberto Mederos, äußerte sich optimistisch über die Transaktion und ihr Potenzial für weiteres Wachstum im Premium-Zigarrenmarkt. Das Unternehmen bleibt bestrebt, Wert für Aktionäre und Kunden zu schaffen, mit weiteren Updates, die bereitgestellt werden, während der Akquisitionsprozess voranschreitet.
- Acquisition of SOFLO Wholesaler Group expected to expand product offerings and market presence
- SOFLO serves over 400 customers across multiple sectors
- SOFLO distributes top-rated cigars in the industry
- Acquisition aligns with Green Leaf's strategic growth vision
- None.
Company Continues Due Diligence and Expects Signed Agreement Soon.
PEMBROKE PINES, FL / ACCESSWIRE / September 11, 2024 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a Florida corporation and an emerging growth company specializing in the marketing and distribution of handmade premium cigars, is pleased to provide an update on the progress of its planned acquisition of SOFLO Wholesaler Group, Inc.
Since announcing the signing of a letter of intent (LOI) to acquire SOFLO Wholesaler Group, Inc. on September 11, 2024, Green Leaf Innovations has made significant progress in conducting its due diligence. Both parties have been working diligently to finalize the necessary details, and a signed agreement is expected soon. The company remains optimistic that the acquisition will be finalized in the near future.
Roberto Mederos, CEO of Green Leaf Innovations, Inc., commented, "We are pleased with the progress being made as we move toward closing this important transaction. Both Green Leaf and SOFLO are committed to ensuring a seamless integration, and we look forward to welcoming the SOFLO team to our growing family. This acquisition will position us for continued growth in the premium cigar market."
SOFLO Wholesaler Group, Inc. has established itself as a leader in the cigar industry, known for distributing the #1 rated cigars among the Top 30 in the industry and serving over 400 customers across multiple sectors. The acquisition aligns with Green Leaf Innovations' strategic vision of expanding its product offerings and market presence, both domestically and internationally.
Green Leaf Innovations remains focused on creating value for its shareholders and customers and will provide additional updates as the acquisition process progresses.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter @otcgrlf.
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Companydoes not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: GREEN LEAF INNOVATIONS, INC.
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