NEW YORK, May 11, 2015 /PRNewswire/ — Signal Bay, Inc. (OTCBB: SGBY) a provider of research, analysis, advisory services, and operating services to the medical marijuana industry, recently announced its intent to acquire a majority interest in an operating U.S. medical marijuana testing and research facility to carry out statewide requirements. The company added that it will retain the technical science and compliance team that have been operating the facility since 2014. The Letter of Intent is targeted to close by May 31, 2015.
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