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Eco Equity Announces a 100% Equity Acquisition by Virtual Medical International Inc. (OTC Markets 'QEBR')


Eco Equity Announces a 100% Equity Acquisition by Virtual Medical International Inc. (OTC Markets QEBR )
ACCESSWIRE
Acquisition Accelerates Operational Scaling and Adds Value to Vertically Integrated Portfolio of Companies
LONDON, UK / ACCESSWIRE / July 16, 2021 / Eco Equity Limited, a U.K. company with cultivation assets in Africa, will combine its operations with Virtual Medical International Inc., creating a vertically integrated cannabis company with one of the lowest costs of production globally.
Construction in the Zimbabwe site (December 2020)
Eco Equity is still scaling its operation in Zimbabwe after delays caused by COVID-19, but remained resilient during the past 12 months while construction was delayed. Thanks to this acquisition, Eco Equity will continue its vision as a pioneer in Africa that produces, high-grade EU-GMP THC medical flower at its 30,000 SQ FT facility in Zimbabwe. Eco Equity s business model will make it the lowest cost producer, w ....

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Virtual Medical International Accelerates Expansion Plans with Acquisition of Eco Equity LTD.


Virtual Medical International Accelerates Expansion Plans with Acquisition of Eco Equity LTD.
ACCESSWIRE
Acquisition Gives Company Gateway To Global Markets
LAS VEGAS, NV / ACCESSWIRE / July 13, 2021 / Virtual Medical International Inc, (OTC:QEBR), a vertically integrated whole health and wellness company in the cannabis and CBD/industrial hemp sectors ( VMI or the Company ), today announced it has entered into an agreement to purchase Eco Equity Ltd, a UK company with state-of-the-art cultivation, research and production assets in Africa ( ECO ).
ECO is a licensed medical cannabis operator located on 350 hectares outside of Harare, in Zimbabwe. The company has an advanced genetic portfolio and produces premium, EU-GMP certified cannabis flower, concentrates and extracts for distribution to qualified and licensed cannabis establishments in Africa, the UK and the EU. ....

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