OTCPK:CADMF - Post by User
Comment by
HH1977on Sep 11, 2019 10:27am
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Post# 30116345
RE:AGREEMENT TO PURCHASE THREE DISPENSARY OPERATIONS IN PUERTO
RE:AGREEMENT TO PURCHASE THREE DISPENSARY OPERATIONS IN PUERTO in exchange for $1.3 million USD in cash over 24 months. The Dispensaries are currently operating under the Caribbean Green brand and will generate approximately $3,600,000 USD in revenues for calendar 2019.
With this acquisition, the Company will be operating eleven dispensary retail stores in Puerto Rico and the United States, and expects to have an additional seven stores opened by the end of calendar Q1 2020.