U.S.: HempWave Enters Into Discussions to Acquire Control of Celexus

U.S.-based hemp company HempWave has announced its intention to purchase a controlling interest in Celexus, Inc. from the current majority shareholders of Celexus, according to a company release at Globe Newswire. Celexus would then change it’s name to Hempwave and become the brand of operations. The existing Hempwave will continue independent operations and would vend in new businesses into Celexus over a period of time. The deal is scheduled to close at the annual Shareholders meeting in Las Vegas, NV, in May of 2020.

Celexus, Inc. is an acquisition, management and holding company for early-stage, high-growth businesses and technologies in the hemp industry. Celexus  looks to bring to market the best, most valuable innovations in agriculture, which it feels that this purchase by Hempwave will continue to allow it to do. Growth markets exist in every stage of the hemp industry, from farming, to transportation to studying the usage and its effects that may provide revolutionary technological advancements in medicine, genetics, and research.

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Founded in 2005, Celexus has in the past year consulted on the successful launch of three specialty hemp businesses, including HempWave, Agrigenics, and Sucseed, Inc. Celexus, Inc. has been approved and traded on OTCQB venture markets since August 5, 2019, under the symbol CXUS.

Continue reading at Globe Newswire.

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