Agritek Holdings, Inc. Provides Shareholder Update and Announces Return of Industry Veteran CEO With Fiscal Plan for 2020
Posted on Friday January 24, 2020
The management and founding shareholders of Agritek Holdings, since our inception, have always had the sole intention to spend every day focused on building an ever increasingly strong and profitable business within the cannabis sector, all serving to enhance shareholder value. Given the rapid pace of change within the cannabis industry and its challenges, Agritek Holdings is one of the first publically traded cannabis companies and pioneer within the sector. As the Company’s founder and CEO over 10 years ago, I thought it important to provide an update to all of our shareholders in light of yesterday’s events.
Agritek Holdings, Inc. Provides Update and Announces Cancellation of Proposed Apex Extractions Acquisition
Posted on Thursday January 23, 2020
LOS ANGELES, CA, Jan. 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has terminated its respective agreements to acquire Apex Extractions Inc. as a subsidiary as previously announced yesterday. There are no other payments by Agritek Holdings Inc. associated with terminating the agreement. Earlier today, the Company was made aware of another announcement by a public Company stating the acquisition of Apex Extractions Inc., with Mr. Benson agreeing to act as its CEO.
Agritek Holdings, Inc. Announces Proposed Completion Date of Apex Extractions Acquisition Including Assets, Brands and Distribution Into Wholly Owned Subsidiary
Posted on Wednesday January 22, 2020
LOS ANGELES, CA, Jan. 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company expects to complete the acquisition of certain assets of Apex Extractions including brands and distribution licenses into a wholly owned subsidiary of Agritek Holdings by February 2020. Apex is a California based licensed manufacturer and distributor of over eleven Cannabis Cup award-winning brands (www.Apexextractions.com). The highly anticipated acquisition brings together one of the most recognized cannabis brands in California with licensed manufacturing facilities in Oakland, California as a wholly owned subsidiary with immediate access to the public markets.
Agritek Holdings Inc. Starts New Year 2020 With Acquisition and Launch of Higher Society Premium Cannabis Brand Through Company's New Apex Extractions Distribution Division
Posted on Thursday January 02, 2020
LOS ANGELES, CA, Jan. 02, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced the acquisition and launch of the premium cannabis lifestyle brand “Higher Society” which includes craft cannabis concentrates, extracts, tinctures, oils, flower, topicals, edibles, rosin, vape pens and accessories through the newly announced Apex Extractions Distribution division. Recently, Agritek Holdings announced board approval for the acquisition of certain assets, distribution and brands of the award winning California based cannabis manufacturing Company Apex Extractions (www.Apexextractions.com). The new Agritek Holdings and acquisition of the Apex distribution licensed division will allow the Company to join forces to launch the “Higher Society” premium cannabis brand initially in California in order to drive revenue for both companies.
