Lophos Holdings, Inc. (TSE:MESC) has released an update.
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Lophos Holdings Inc. has announced its intention to expand its biosciences division by acquiring the assets of Magicactus.com, a company specializing in the cultivation of Lophophora williamsii (peyote). The deal, valued at $150,000 plus 1,000,000 common shares, will include live plants, seeds, cultivation equipment, intellectual property, and customer data. The acquisition is contingent on further negotiations and regulatory approval.
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