Cable Provider 4Cable To Venture Into CBD Space, Considers Two Acquisitions

4Cable TV International Inc. CATV is looking to acquire two CBD companies.

The Port St. Lucie, Florida-based company expects to announce its final decision in the weeks to come.

"Our goal is to become a business development company, where we look to acquire CBD, Medical Marijuana, Hemp and possibly Green Energy based companies that can add value on a collective basis to the consolidated financial statements of the company," 4Cable CEO Jeff Wildermuth disclosed.

4Cable is a provider of service and customized solutions to cable television operators.

Meantime, other moves from the CBD space include a partnership between Champions + Legends and Fox Sports commentator Jay Glazer and the collaboration between Body and Mind Inc. BAMM BMMJ and cannabis accessory and CBD line Her Highness.

Glazer agreed to contribute to the Champions + Legends' overall vision and long-term growth strategy as a founding partner. He also opted to support the hemp and the CBD startup through social media.

Under the licensing production deal with Body and Mind, the California-based women-led startup opted to expand its reach into the Nevada market.