- Through its acquisition of Eqova Life Sciences, Grey Cloak has successfully entered the CBD oil industry
- At the same time, the company remains focused on furthering the effectiveness of its digital advertising fraud prevention software
- Both the CBD oil and the digital marketing fraud prevention markets are expected to grow exponentially throughout 2018
On October 24, 2017, Grey Cloak Tech, Inc. (OTCQB: GRCK) announced a 100 percent acquisition of Eqova Life Sciences – a renowned manufacturer of a wide range of hemp oil products. The company sent a letter of intent pertaining to the acquisition in September. Eqova, a company located in Denver, develops clinical-grade full spectrum hemp oil products and it distributes via partnerships with licensed medical practitioners.
According to official reports, Eqova has CBD inventory worth approximately 150,000 dollars in retail value. Grey Cloak announced that the inventory will be sold by the end of 2017. The company’s extensive partnership network…
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