QualityStocksNewsBreaks – Net Element Inc. (NASDAQ: NETE) Post-Merger Company Notes $60M LOA with Height Dispensary for 1,200 Mullen Vans
Net Element’s (NASDAQ: NETE) post-merger company, Mullen Technologies Inc., has entered into a letter of agreement with Height Dispensary LTD to purchase 1,200 Mullen ONE electric vans, an agreement worth an estimated $60 millon; the LOA also noted that Height has selected Mullen as its exclusive provider for electric vehicles (“EVs”). Net Element is a financial technology company in the process of becoming a pure-play electric vehicle manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., an emerging electric vehicle manufacturer. Texas-based Heights specializes in high-quality legal CBD and THC products online with plans to open a retail…