The Movement- News and Articles about the Industry
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 […]
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December 22, 2022
Global Sciences

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 […]
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September 9, 2022
NewAge, Inc.

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 […]
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September 9, 2022
Global Sciences

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 […]
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March 24, 2022
Global Sciences

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., […]
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March 15, 2022
Global Sciences

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 […]
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February 16, 2022
Oowee Lemonade

CBD Global Sciences Legacy Distribution Experiences Better Than Expected Launch of Rap Snacks in the Colorado Market

CBD Global Sciences, Inc.  is pleased to announce the successful launch of Rap Snacks in the Colorado market that exceeded first week sales expectations. Within the first week of sales to the first few hundred of over 5000 stores in the Colorado and Wyoming markets the team sold through its […]
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December 31, 2021
Debt Restructuring

CBD Global Sciences Announces Retirement of Over $9 Million in Outstanding Debt

CBD Global Sciences, Inc.  is pleased to announce the completion of its previously announced (August 12, 2021) debt restructuring involving the retirement of over CDN$9 million in outstanding debt through the issuance of 8,908,876 Common Shares at an issue price of $0.1575 per share and 318,688 Series A preferred shares […]
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December 16, 2021
2021 Financial Results

CBD Global Sciences Reports Improving Q3 2021 Financial Results

CBD Global Sciences, Inc. is pleased to share their Q3 2021 results with highlighted details on the Company’s progress. The Company filed its Q3 financials and MD&A on November 29, 2021 to the regulators and the Canadian Securities Exchange. The financials submitted reflect some of the positive results of the […]
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December 7, 2021
Oowee Lemonade

Legacy Distribution Group, a Subsidiary of CBD Global Sciences, to Begin Distribution for Lil’ Baby’s Oowee Lemonade by RAP SNACKS®

CBD Global Sciences, Inc. is pleased to share that it is adding new brands to its growing distribution channel. Legacy Distribution Group is one of the country’s first CBD-focused Direct Store Delivery (DSD) distributors. Dedicated to providing “Best in Class” products to its retailers, we are focused on introducing both CBD and […]
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October 18, 2021
Resinosa LLC

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 […]
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October 15, 2021
Case Dismissed with Prejudice

Litigation with Unleashed Entertainment LLC Dismissed

CBD Global Sciences, Inc.  is pleased to announce that the previously announced litigation with Unleashed Entertainment LLC has been dismissed with prejudice and with no payment of damages or other remuneration to the Plaintiff. Case No. 1:21-cv-928 filed in federal court against CBD Global Sciences was dismissed October 14th, 2021, […]
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October 14, 2021
FeelGood Superfoods

Legacy Distribution Group, a Subsidiary of CBD Global Sciences, to Begin Distribution for FeelGood Superfoods

CBD Global Sciences, Inc. is pleased to share that it is adding new brands to its growing distribution channel. Legacy Distribution Group is one of the country’s first CBD-focused Direct Store Delivery (DSD) distributors. Dedicated to providing “Best in Class” products to its retailers, the company is focused on introducing both […]
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