Moosehead JV structureSo, stupid question - any idea how our Sproutly shares work in light of the new JV company? I’m not familiar with the Hexo logistics, which maybe comparable.
Terms of the Joint Venture
The Joint Venture will be structured as a standalone company with its own board of directors and management team. Sproutly and Moosehead will each hold a 50% interest in the JV and have the right to nominate 3 directors. Moosehead shall appoint the Chief Executive Officer and Sproutly shall appoint the Chairperson of the board of directors of the JV.