China Senior Living Industry International Holding Corp Announces Name Change to Unified Global Corp
Unified Global Corp., formerly known as China Senior Living Industry International Holding Corporation (OTC PINK:CHYL), has officially changed its name and is seeking a new trading symbol.
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Rhea-AI Summary
Unified Global Corp., formerly known as China Senior Living Industry International Holding Corporation (OTC PINK:CHYL), has officially changed its name and is seeking a new trading symbol. The company aims to consolidate cannabis operations by acquiring licensed, EBITDA-positive companies in Colorado, Oregon, and Alberta, Canada. President SJ Eldred expressed enthusiasm about proceeding with their business plan, highlighting optimism from preliminary discussions with potential acquisition targets. Unified Global aims to become a vertically integrated MultiState Operator in the cannabis industry.
Positive
- Name change to Unified Global Corp. may enhance brand perception.
- Focus on acquiring EBITDA-positive cannabis operations indicates a strong growth strategy.
- Initial target markets include established cannabis markets in Colorado, Oregon, and Alberta, Canada.
Negative
- None.
Details
News Market Reaction – CHYL
The recorded move for CHYL in the trading session of this news was +105.41%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, CO / ACCESSWIRE / July 28, 2021 / China Senior Living Industry International Holding Corporation (OTC PINK:CHYL) today announced that it has changed its name to 'Unified Global Corp.' Unified is today filing to notify OTC Markets of this change as well as to request a new trading symbol, which will be announced once issued.
"We are thrilled to have this step completed and begin our rollup of private cannabis companies,' said SJ Eldred, the Company's President. 'Based upon preliminary conversations with potential acquisition candidates we are very optimistic and excited to begin implementation of our business plan."
Unified is concentrating on acquiring existing licensed EBITDA positive cannabis operations initially from three mature markets, including Colorado, Oregon, and Alberta, Canada.
About Unified Global
Unified Global intends to become a vertically integrated Canadian/American MultiState Operator (Can-Am MSO) by consolidating cannabis operations in various markets into its newly acquired publicly-traded company, led by an experienced team with significant cannabis operating expertise.
FOR FURTHER INFORMATION PLEASE CONTACT:
UNIFIED GLOBAL CORP.
Media@unifiedglobalinc.com (888)881-6572 ext. 200
www.unifiedglobalinc.com
SOURCE: Unified Global Corp.
View source version on accesswire.com:
https://www.accesswire.com/657318/China-Senior-Living-Industry-International-Holding-Corp-Announces-Name-Change-to-Unified-Global-Corp
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