Unified Cannabis of Canada joins with Cannagistics.

Cannagistics announced the signing of a Letter of Intent with Unified Cannabis of Calgary whereby Unified will merge qualified assets into the Company in an all-stock transaction. The Company will then raise the capital necessary to effectuate the merger of the assets and acquisition targets of Unified and for the explosive organic growth strategy of Cannagistics and Unified, combined, thus creating the first CBD/Hemp/Cannabis International Vertically Optimized Company (CIVOC). Financial terms were not disclosed. “We’re ecstatic to be joining forces with Cannagistics and be able to help monetize their licensed CBD Fast Acting IP into products. Being able to grow, manufacture and then retail those patented fast-acting CBD products into our stores will give us a competitive edge in having a premiere science-based highly effective CBD line. Along with the infrastructure provided by the Unified acquisition targets for both cultivation, processing, logistical and retail, we now have one of the first CBD product and services related companies that is profitable within one-quarter of consolidation.” Jonathan Denis, Unified, Chairman.