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Nass Valley Gardens Inc. announced the acquisition of Super Scientific Laboratories LLC on December 31, 2022. This strategic move aims to enhance product development and distribution channels within the CBD market, including vapes, gummies, and skincare products. CEO Michael Semler emphasized the potential growth and synergy from this partnership, indicating that Super Scientific's capabilities would positively impact Nass Valley's earnings for 2023. Audited financials are forthcoming, and the acquisition involved no finder’s fee. This merger is positioned to strengthen Nass Valley's footprint in the organic, non-GMO hemp-based product landscape.
Nass Valley Gardens Inc. is set to initiate a Regulation A capital raise upon SEC approval of its Form 1-A. The company has finalized its offering team, including LifeWater Media for marketing and DealMaker for the technical platform. The goal is to raise up to $75M to fund acquisitions, expand product lines, and enhance sales channels. CEO Michael Semler expressed enthusiasm about collaborating with top partners for this endeavor. The press release serves as an information update and does not constitute a sale of securities.
Nass Valley Gardens Inc., a subsidiary of Nass Valley Gateway Ltd. (OTC:NSVGF), has announced plans to diversify its product offerings by introducing cosmetics and hemp-based foods. COO Michael Racaniello highlighted that these additional consumer products align with the company's health and wellness strategy and meet the growing demands from their distribution channels. The new products are expected to be available by Q3 2022, enhancing the existing lineup of CBD products focused on various health markets.
Nass Valley Gardens Inc. announced plans to file with the SEC for a Reg A+ public offering aimed at raising up to US$75 million. Pending SEC approval, the funds will support a NASDAQ listing at $5.00 per share. CEO Michael Semler highlighted the growing opportunities in the CBD consumables market and the need for capital to expand their brand. Proceeds will be utilized for acquiring companies, developing new product lines, and enhancing sales and marketing efforts.
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