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.

GREY:GGBXF - Post by User

Green Growth Brands Inc > NEWS OUT!

<< Previous

Bullboard Posts

Next >>

Comment by Styles76on Jan 28, 2019 5:48pm

93 Views

Post# 29290163

RE:RE:NEWS OUT!

Essentially, this is a statement that the combined company would still be considered a profitable investment at $7 per fully diluted share (including the new company paper handed to APHA holders for the existing shares) to JS Greenspace LLC.

The significance is in the statement of it - the combined company is worth more than either GGB or APHA alone to JS Greenspace LLC, enough that they'd throw another 150 million at the company to aid with growth and development.

TheDude wrote: Ok so I'm clear, All JS Greenspace LLC has committed to buy up to C$150 million common shares of GGB ("Common Shares") at a price of C$7.00 per Common Share, right?
But only if the buy out of APHA goes through?
I'm not sure of the significance of this OR insignificance??? Anyone care to explain>
Thx