Highlights: Melodiol secures a non-binding LOI with Panacea Life Sciences Holdings, Inc. ('Panacea') (OTCQB: PLSH), a US company specialising in manufacturing, R&D, and distribution of high-quality, GMP-certified health & wellness products, for the sale of Sierra Sages Herbs, LLC ('SSH') and Halucenex Life Sciences Inc. ("Halucenex") for an initial approximate US$5m in cash and scrip [...]The post Melodiol to streamline portfolio with Up To A$30m asset sale to US Listed Panacea - Maintaining significant stake in spin-off vehicle appeared first on Panacea Life Sciences.
Panacea is a Colorado-based cannabis company that manufactures and distributes CBD-infused products such as tablets, tinctures, and edibles for individuals.