Sun
Kissed Releases Supplemental Information Packet on Hakuna
Acquisition Containing Fully-Executed Binding Definitive
Agreement
NEW YORK, NY -- November 26,
2019 -- InvestorsHub NewsWire -- Sun Kissed Industries
Inc. (OTCMKTS:SKDI)
("Sun
Kissed",
"SKDI", or the "Company"),
an emerging player
in the CBD marketplace, is pleased to provide current and
prospective investors with access to the fully-executed
fully-binding Definitive Agreement (the "Agreement") defining the
Company's 100% acquisition of Hakuna Supply/Products Group,
Inc. ("Hakuna" or "Hakuna
Supply"), a
leading CBD-based products company based in
California.
Please see Supplemental
Information disclosure here. The Company is also preparing
for release an 8K Filing disclosure on the
transaction.
Hakuna currently generates
significant revenues. The company has a substantial distribution
footprint, with over 110 established
retail distribution partners across over 20 states in the domestic
US market. Hakuna is also an award-winning CBD-products company,
currently nominated for "Best Hemp-Derived CBD Product" by the
California Cannabis Awards after winning the DOPE Magazine Best New
Product award for Southern California in the non-cannabis/non-tech
category in 2017.
About
Sun Kissed Industries,
Inc.
Sun Kissed Industries Inc.
(OTCMKTS:SKDI)
is an emerging leader in the CBD-based products marketplace. The
Company is pursuing meaningful acquisitions as part of an
aggressive M&A strategy designed to position Sun Kissed as a
dominant player in a well-defined, high-growth niche within the
rapidly expanding CBD sector.
FORWARD-LOOKING STATEMENTS:
This press release may contain
forward-looking statements, including information about
management's view of Sun Kissed Industries Inc.'s future
expectations, plans and prospects. In particular, when used in the
preceding discussion, the words "believes," "expects," "intends,"
"plans," "anticipates," or "may," and similar conditional
expressions are intended to identify forward-looking statements.
Any statements made in this news release other than those of
historical fact, about an action, event or development, are
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, which may cause the
results of Sun Kissed, its subsidiaries and concepts to be
materially different than those expressed or implied in such
statements. Unknown or unpredictable factors also could have
material adverse effects on Sun Kissed's future results. The
forward-looking statements included in this press release are made
only as of the date hereof. Sun Kissed cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, Sun Kissed undertakes no
obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by Sun Kissed.
SOURCE: Sun Kissed Industries
Inc.
Contact:
Target marketing
agency
112 E 25th Street
New York, New York
10010
917-983-2268