Bright Green Corporation to acquire platform technologies from C2 Wellness Corp.
GRANTS, New Mexico – Bright Green Corporation (NASDAQ: BGXX) today announced the agreement to purchase assets from C2 Wellness Corporation, a Wyoming registered company with an address at 30 N Gould St, Ste R, Sheridan, WY, that owns certain platform technologies and associated intellectual property invented and developed by the scientific team of C2. The purchase is for 5 million shares of common stock of Bright Green Corporation payable to all shareholders of C2. The implementation of the transaction has been approved by the board of both companies. The primary assets relate to: Novel cannabinoid molecules and their associated intellectual property. Novel cannabinoid prodrugs, and their associated intellectual property. Novel proprietary cannabinoid formulations, designed to target lymphatic delivery, and their associated intellectual property. Novel proprietary nano-encapsulated cannabinoid formulations, in self dissolving polymers, and their associated intellectual prop...