The Company will enter into Agreements with Sannabis S.A.S. and Affiliate View Systems, Inc. (OTC: VSYM) to Acquire its Interest in Sannabis
Indiana-USA and Cali-Colombia, June 22, 2022 (GLOBE NEWSWIRE) — Ultimate Sports, Inc. (OTC: USPS) (the ‘Company’), a Men’s Health services provider, announces negotiations to acquire Sannabis S.A.S., a Colombian cannabis company. Sannabis, and affiliated companies, hold all four cannabis licenses: Seed Use, THC-Cultivation, Non-THC (Hemp)-Cultivation, and Fabrication/Export. Copies of all 4 licenses available at https://www.sannabis.co/nuestras-licencias
Ultimate Sports, Inc. will acquire Sannabis S.A.S. and initiate a name change at closing. Colombia has become the premier supplier of cannabis around the World and continues to benefit from the international movement towards cannabis legalization. Sannabis has developed a product they believe may be prescribe by U.S. physicians in line with the Company’s current business model.
View Systems, Inc. (OTC: VSYM), developer of the ViewScan Concealed Weapons Detector, and Sannabis have an effective Memorandum of Understanding in place for VSYM to acquire Sannabis. View Systems has decided that its interest in Sannabis is better placed in a stake in USPS, which will acquire Sannabis. Final terms have not been decided and will be announced later. What should be clear is the stake is designed to give View Systems the means to manufacture new and improved ViewScans to install in…
