Leafbuyer Technologies, Inc. (OTCPK:LBUY) entered into a non-binding letter of intent to acquire an unknown majority stake of CBD.io on June 5, 2019. The agreement additionally includes an ownership stake in an e-commerce website for wholesale and retail CBD products. The acquisition would double Leafbuyer’s current revenue run rate. Leafbuyer Technologies, Inc. (OTCPK:LBUY) cancelled the acquisition of an unknown majority stake of CBD.io on June 5, 2020.