Critical Solutions Inc. (OTCMKTS: CSLI) has formally acquired a controlling interest in Haz Holdings Inc. (OTCMKTS: HAZH) and provided a shareholder update regarding the acquisition and significant investments undertaken in Q1 and Q2 2021.
Critical Solutions acquires stake in Haz Holdings.
MKH Ventures CEO Sam Barraza said they are delighted to share the accomplishment with shareholders as the company continues expanding in the cannabis sector and diversifying into crypto and media markets. Barraza added that they acquired Haz Holdings as a wholly-owned subsidiary and, in turn, added around $8.5 million to its market cap.
He added, “This is in addition to our own market cap of $6.6 Million along with Rodedawg International Industries (OTC: RWGI), another wholly owned subsidiary, with a $21.7 Million market cap. We are proud to say that we are executing on our vision to become a substantial holding company that is reaching into a wide variety of high growth markets. Thanks for the efforts of Robert Munck and our staff, we have also acquired equity interest in private and public companies as well.”
Critical Solutions made series of acquisitions.
Robert Munck, Business Development VP, said they are delighted to announce that they own a 4.9% stake in Global Green Solutions Inc. (OTCMKTS: GGRN), a company offering consultancy services in the cannabis sector. Munck said that that includes the additional development of the company’s NFT/Crypto initiative. Most importantly, Ryan Messer, the new president, is working to finalize CE designation removal with OTC Markets.
In Q1, the company acquired a controlling stake in Rodedawg International Industries Inc. (OTCMKTS: RWGI). Currently, negotiations are ongoing with a leading South California distributor to launch a licensed marijuana delivery company. Following the acquisition of a controlling stake in Haz Holdings, the company will change its name to Digital Distro Holdings Inc.