Investment firm buys Mundelein CBD products maker

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Investment firm Acquired Sales Corp. said Friday it plans to acquire Mundelein-based cannabidiol products manufacturer CBD Lion LLC for $2 million in cash plus 5 million shares of Acquired Sales stock.

The deal will turn the private, family-owned CBD Lion into a public venture as Acquired Sales will change its name to CBD Lion Corp., a move that also reflects the publicly traded Lake Forest-based firm’s focus on CBD-related businesses, according to statements from both businesses.

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