Business
For The Earth Corporation has Completed the Acquisition with Vliso AI CHOW Vending Machine Division
For The Earth Corporation has Completed the Acquisition with Vliso AI CHOW Vending Machine Division.
About this update from For The Earth Corp.
[{"type":"text","content":"\nPHOENIX, AZ, Feb. 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- For The Earth Corporation (the “Company”) (OTC: FTEG) is excited to announce that FTEG and Vliso AI Chow Vending Machine Division have finalized their purchase agreement.  \n “I’m pleased to announce that the acquisition of CHOW Vending is now complete. This acquisition will allow For The Earth to have a strong entry into CBD vending and will help build brand awareness for the complete line of FTEG products. Chow has done extensive research in vending technology and combining the two together allows customers to buy and become educated on the benefits of CBD, all while standing in front of the vending machine. All of the ‘Chow by For the Earth’ vending machines will be programmed with this interactive AI Technology,” said Nelson Grist, CEO of For The Earth. CEO Zachary Obasiolu & CTO David Obasiolu of Vliso AI said, “We are excited to revolutionize the CBD retail industry with For the Earth.  We have been growing and expanding Chow for the past year while proving our company model and technology. Working with For The Earth will allow Chow to expand aggressively to be a dominant player in the CBD and Hemp space.” The growth of CBD in the last few years has been exponential, with the industry projected to grow over $22 billon by 2022. With this expected growth, introducing automated dispensaries to the CBD market will help Chow maximize sales and reduce overhead costs. About For The Earth Corporation: For The Earth Corporation’s primary focus is in three areas; Household and Institutional Cleaning, Pet, and the Health Care Industry. The Company’s mission is to create “Green” and biodegradable healthy living products, that provide effective and sustainable solutions for people, pets, and the planet. Forward-Looking Statements Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See For The Earth’s filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those describ...