 New York, July 24, 2021 The OLB Group, Inc. NASDAQ: OLB, a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced it has signed a non-binding letter of intent LOI to acquire a portfolio of CBD and other merchants that will utilize the companys SecurePay Payment Gateway to process payments. The group of merchants to be acquired have reported annual volume of greater than 300 million. 