Stocks in play: Luff Enterprises Ltd.
Announced it has completed the previously announced sale of its Nevada assets for aggregate gross proceeds of US$5 million. Concurrent to the closing of the sale the Company has fully repaid its $2 million secured loan and now has no third party debt outstanding. This transaction continues the process of divesting non-core assets in the United States and freeing up capital to focus on high impact sales opportunities. The Company is focused on growing sales of its core suite of hemp derived CBD wellness products primarily through online channels. Luff Enterprises Ltd. shares C.LUFF are trading unchanged at $0.02.
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