Orlando, FL, April 26, 2018 (GLOBE NEWSWIRE) — Majestic Oil & Gas, Inc. (OTC: MJOG), announces today that it has entered into a Letter of Intent (LOI) with SkyCloud Terpenes LLC to acquire 50% of the company. SkyCloud is currently selling online, and is projected to double their sales, and distribution by the end of 2018. SkyCloud specializes in Terpene distribution, development of Terpene based products, and providing solutions for businesses who have a need for, or can benefit from, the use of Terpenes in their own products, especially within the cannabidiol market.
Majestic Oil & Gas, Inc. Enters Into an LOI to Purchase 50% of SkyCloud Terpenes LLC
by GlobeNewsWire | Apr 26, 2018 | Globe Newswire