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Biome Grow Inc C.BIO

Alternate Symbol(s):  BIOIF

Biome Grow Inc. is a Canada-based company that is engaged in the business activity of pursuing opportunities in the cannabis industry. The Company's operations are limited to holding investments in IM Cannabis Corp. The Company has not generated revenues. Its subsidiaries include Cultivator Catalyst Corp., Great Lake Cannabis Company Inc., Red Sands Craft Cannabis Corp., and Weed Virtual Retail Inc.


CSE:BIO - Post by User

Post by NLMooseon Jul 27, 2020 12:45pm
619 Views
Post# 31325032

Big Mistake for Biome Grow to Sell Highland Grow to MYM

Big Mistake for Biome Grow to Sell Highland Grow to MYM

Just learned that Biome Grow has sold its only division, Highland Grow, to MYM Nutraceuticals, in a $12.5 million or  175.3 million common share deal.

With no brands left, Biome Grow is now out of the Cannabis Business altogether as they have no products left.

What a bad move from Biome Grow to sell its moneymaker brands like Highland Grow, leaving them with no way to produce and sell marijuana anymore.

Its no wonder why Biome Grow shares have taken a nosedive.

Source:  Proactive Investors "Biome Grow to sell cannabis subsidiary Highland Grow to MYM Nutraceuticals in C$12.9 million deal" - https://ca.proactiveinvestors.com/companies/news/925149/biome-grow-to-sell-cannabis-subsidiary-highland-grow-to-mym-nutraceuticals-in-c129-million-deal-925149.html

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