RE:RE:RE:RE:It's not a matter of "IF", but simply a matter of "WHEN"...Maybe the 200k lent by GLH to NevWa was kicked in, as GLH is to benifit from that expendeture. We all know our packaging was printed and we all know there had to be sales staff in Nevada.
If you feel something was done illegal, join Jeff's lawsuit. Oh and my NR was also Dated March 27th
TORONTO, ONTARIO--(Marketwired – March 27, 2017) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH) (OTCQB:GLDFF), a leading cannabis oil solutions company built around recognized brands, is pleased to announce that the Company has signed a binding Letter of Agreement (LOA) to acquire a cultivation license and an extraction license in Nevada from NevWa, LLC (“NevWa”) (doing business as Grassroots) (the “Transaction”). NevWa’s cultivation and extraction license, based out of Sparks, Nevada, allows for the distribution and sale of products across the state of Nevada, including in Las Vegas and Reno. Medical marijuana is currently legal in Nevada, and the state’s recreational market is scheduled to launch in July 2017. Nevada’s medical market also enables reciprocity for patients, whereby patients from other states can legally use their medical marijuana cards in Nevada, opening the medical market to the state’s more than 40 million yearly visitors. Don Robinson, CEO of Golden Leaf Holdings, commented, “Nevada is increasingly being recognized as one of the fastest growing cannabis markets in the U.S. The level of tourism in the state combined with the reciprocity provision in the state’s cannabis laws, positions Nevada to become one of the largest and most dynamic markets in the country. Cannabis brands that are on store shelves in Nevada can create brand loyalty throughout the North America. We are excited about this opportunity and confident that it will bring significant value to our Company and our shareholders. Pursuant to the Transaction, NevWa will receive from GLH US$1.925 million. The Transaction is subject to certain conditions, including receipt of all regulatory and stock exchange approvals and all other necessary third party consents and approvals
JobeAustin wrote: NevadaRay wrote: Pursuant to the Transaction, JJ 206, LLC (“JuJu Co”) will receive cash consideration of US$2.25 million and, subject to adjustment in certain circumstances, an aggregate of US$2.25 million of common shares of GLH on the closing date of the Transaction. The Transaction is subject to certain conditions, including CSE and regulatory approval.
Sedar filing March 27th 2017
Pursuant to the Transaction, NevWa will receive from GLH US$1.925 million. The Transaction is subject to certain conditions, including receipt of all regulatory and stock exchange approvals and all other necessary third party consents and approvals.