Green Growth Brands Inc GGBXF

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.

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Green Growth Brands Inc > News Analysis?

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Comment by Styles76on Jul 23, 2018 10:35am

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Post# 28352572

RE:RE:RE:RE:RE:News Analysis?

Halt periods vary according to the reason for the halt. In the case of a major merger like this, there is nothing unusual about a few months worth of a halt period for the size of the companies involved to get all the books put together, supply line notification, training, renewed planning, etc.

So... you're right - this is not the norm... the norm is significantly longer and they are likely trying to get this all done quicker to meet legalization at full capacity in October. Sucks for traders, pays out for investors.

Greede wrote: Halted until September? That seems unusual and an unnecessarily prolonged period of inactivity....

That is not the norm, that's for sure. Hope it bodes well for investors.

billybonk wrote: Trading will be halted for awhile. I emailed Xanthic and this is what I was told. "It is most likely to remain halted until the information circular is mailed to shareholders, likely in September."