acquistions – Illumination Brands

February 7, 2023

Update on the Purchase of the Direct Store Distribution Operation from New Age Beverage Corporation

CBD Global Sciences is pleased to provide an update post-closing of the asset purchase agreement with New Age Beverage Corporation and NABC Properties, LLC to acquire the Direct Store Distribution operation (“DSD Operations”). Legacy Distribution Group, “Legacy” (Denver, CO), the Company’s wholly owned subsidiary, completed the acquisition of the DSD operations […]

December 22, 2022

Global Sciences and Pure BioPlastics Inc., Terminates the Letter of Intent for Acquisition

Global Sciences, Inc. announces that it has terminated the letter of intent with Pure Vision Technologies for the acquisition of 100% of Pure BioPlastics Inc., a renewable plastics company in Ft. Lupton Colorado (the “PBP”). Both companies worked tirelessly to accomplish the diligence that would lead to the execution of […]

September 9, 2022

NewAge, Inc. Announces Sale of Legacy Direct Store Distribution Division

NewAge, Inc. (OTC: NBEVQ) (the “Company”), the Utah-based direct-to-consumer (D2C) organic and healthy products company, today announced that its wholly-owned subsidiaries, NABC, Inc. and NABC Properties, LLC (together, “NABC”), have entered into a definitive agreement to sell the legacy direct store distribution (“DSD”) division to Legacy Distribution Group, a Colorado-based distribution […]

September 9, 2022

Legacy Distribution Group, a Wholly-Owned Subsidiary of Global Sciences, to Purchase the Direct Store Distribution Operation from New Age Beverage Corporation

CBD Global Sciences Inc., dba Global Sciences Inc. (OTC: CBDNF) (CSE: CBDN) (Frankfurt: GS3.F) (Munich: GS3.MU) (the “Corporation“), is pleased to announce that today it has entered into a definitive asset purchase agreement earlier today with New Age Beverage Corporation and NABC Properties, LLC (collectively, NABC) to acquire the Direct […]

March 24, 2022

CBD Global Sciences, dba Global Sciences Inc. to Acquire Pure BioPlastics Inc., a Colorado Renewable Plastics Company

CBD Global Sciences, Inc., dba Global Sciences Inc. is pleased to announce that it has executed a binding letter of intent with Pure Vision Technology LLC for the acquisition of 100% of Pure BioPlastics Inc., a company in Ft. Lupton, Colorado (the “PBP”). With the acquisition of Pure BioPlastics Inc., […]

March 15, 2022

CBD Global Sciences Begins the Process for a Name Change

CBD Global Sciences, Inc. is pleased to announce that it has begun the process to formally change its name from “CBD Global Sciences” to “Global Sciences Inc.”, dropping CBD from its name. It has begun to operate under the trade name “Global Sciences” until full shareholder and regulatory approval of […]

October 18, 2021

CBD Global Sciences’ Purchase of Resinosa LLC, a Colorado CBD Processing and Manufacturing Company, Completed

CBD Global Sciences, Inc. is pleased to announce that on October 15, 2021, it closed its previously announced acquisition of 100% of Resinosa LLC, a CBD company located in Silver Cliff Colorado (the “Acquisition”). Resinosa has been in business in the CBD industry for over 6 years and is a […]

August 12, 2021

CBD Global Sciences Debt Restructuring and Impact of both Global NV and Strasburg Pharms Bankruptcies, Post Bankruptcy Action Plans

CBD Global Sciences, Inc. is pleased to share detailed information about the debt restructuring of the company and the outcome of the two Chapter 7 bankruptcies. The landscape for CBD Global Sciences has changed dramatically since the emergence from the global pandemic and the completion of the two bankruptcies for […]

August 25, 2020

Global Sciences Reports 2019 Year End Results

CBD Global Sciences, Inc. today announced the release of financial and operational results for the fourth quarter ended December 31,2019. These filings are available for review on the Company’s SEDAR profile at www.sedar.com. All amounts are expressed in U.S. dollars. Financial Highlights For the twelve months ended December 31, 2019 […]

January 29, 2020

Global Sciences adds Top Travel Retail Partner to its Distribution Network

CBD Global Sciences Inc., and our cannabidiol (CBD) brand “Aethics”, are excited to announce a partnership with one of the largest and most recognizable travel retailers in North America. As of today, the entire Aethics topical line is offered for sale in over 100 of our newest partner’s nearly 1,000 […]

January 7, 2020

Global Sciences Initiates CBD Distillate Supplier with Harmony Hemp

CBD Global Sciences, Inc. is pleased to announce a significant initial purchase order and final delivery of CBD Distillate to Harmony Hemp a major manufacturer and seller of high-quality CBD products sold as both proprietary branded and private-label throughout the United States. Harmony Hemp intends to purchase additional distillate over […]