Bhang Inc. (OTCQB: BHNGF) (CSE:BHNG) has signed a letter of intent to acquire 1352135 B.C. Ltd. ("BC Corp") to obtain access to minor-cannabinoid, cannabis, THC, and psychedelic-related patents and intellectual property pivotal in building Bhang's portfolio beyond chocolate and edible cannabis brands.
"We are innovating new products and proprietary delivery methods designed to enhance and complement consumer happiness, lifestyle, and well-being," stated Graham Simmonds, Bhang's interim CEO. "This proposed acquisition is an exciting step on that path, bringing new IP into the Bhang portfolio, and putting us in a position to leverage our global brand recognition with …