Acquired Sales Corp offered to acquire 100% of CBD LION, a provider of various CBD products, for a total consideration of $34m. Closing of the acquisition is subject to a number of conditions, including completion of the audit of CBD LION, receipt of a tax opinion on the transaction, obtaining all necessary approvals, providing required stockholder information and notice, and the completion of all necessary securities filings. Following the closing of the transaction, Acquired Sales Corp. plans to change its name to CBD LION CORP. to emphasize its vision to become the leader in the CBD products industry.