Cleartronic, Inc. (CLRI) Announces Live Radio Show Appearance April 26, 2018, Discusses Its Subsidiary … – Markets Insider
BOCA RATON, Fla., April 24, 2018 (GLOBE NEWSWIRE) — Cleartronic, Inc., (OTCPINK:CLRI) announced its subsidiary VoiceInterop, Inc. signed a “Definitive Agreement” for the acquisition of the assets and intellectual property of CanniPlus Global, Inc., a Florida based medical CBD company. CEO, Larry Reid, to appear on South Florida radio show, April 26, 2018 at 12 noon – www.wsbradio.com.
The closing of the Asset Purchase Agreement is conditioned on VoiceInterop’s business being spun-off from Cleartronic in the second or third quarter of fiscal 2018. VoiceInterop will file a Form S-1 registration statement with the SEC to register the shares being distributed to Cleartronic shareholders and the shares being issued to the shareholders of CanniPlus Global, Inc. VoiceInterop also intends to register its common stock under the Exchange Act.
Larry Reid, President of VoiceInterop stated, “We are extremely excited to enter the medical Cannabidiol (“CBD”) marketplace. Numerous studies and recent news articles show that CBD use is increasing worldwide and the timing of our entry into this market space could not be better.”
“Prior to our acquisition of the assets and IP, CanniPlus launched a new line of CBD products. In addition, CanniPlus signed exclusive consulting and distribution agreements with Florida based Medical Marijuana Consulting Group (“MMCG”) and HL Medical, Inc.,” said Reid. “MMCG has five retail locations in South Florida where they assist with the application process for clients seeking a State of Florida Medical Marijuana Card. HL Medical is a network of 20 clinics and 109 certified and experienced medical marijuana physicians in the State of Florida.”
Reid continued, “Our exclusive agreements with MMCG and HL Medical will provide consulting services and an immediate vertical distribution channel for our line of CBD tinctures, edibles and topicals. Studies suggest that CBDs may lead to relief of pain, stress and anxiety. Our HL