BENZINGA - Social Life Network, a technology business incubator (TBI) that holds a 15% stake in each of the companies that participate in its TBI program, has announced that one of its TBI companies operating in the legalized cannabis industry, WeedLife has executed a letter of intent to acquire Saving Grace Oil, a CBD company. "The business model of roll-up mergers by our TBI companies is meant to rapidly increase their bottom-line revenues while leveraging their social networking audience to increase product and brand awareness," stated CEO, Ken Tapp.
by Vuk Zdinjak
See full article at Benzinga
