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Green Growth Brands Inc GGBXF

Healthcare Drug Manufacturers - Specialty & Generic Cannabis
Green Growth Brands Inc is engaged in the healthcare business. It is a cannabis retail company operating worldwide. The company's brand profile include CAMP, CBD, Meri + Jayne, and others. It has two operating segments; the cultivation, production, distribution and retail selling of cannabis products, and the production and selling of CBD-infused personal care products through retail, digital and wholesale channels.


GREY:GGBXF - Post by User

Green Growth Brands Inc > We need some good news for GGB
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Comment by 889900on May 19, 2020 10:11am
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Post# 31045553

RE:RE:RE:RE:We need some good news for GGB

RE:RE:RE:RE:We need some good news for GGB
more Bad news....defaulted on payment of debentures to All Js, but they are lending us more money to keep the lights on ?? COLUMBUS, Ohio, May 19, 2020 (GLOBE NEWSWIRE) -- Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) ("GGB" or the "Company") announced today that an event of default has occurred in respect of its US$45.5 million principal amount of 15.00% secured convertible debentures, which matured on May 17, 2020. As previously disclosed, on May 5, 2020 the Company received US$400,000 of debt financing from All Js Greenspace LLC (All Js) on a secured basis. On May 12, 2020, All Js advanced an additional US$400,000 to the Company, also on a secured basis.
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