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Bullboard - Stock Discussion Forum Emerald Health Therapeutics Inc EMHTF

Emerald is committed to creating new consumer experiences with distinct recreational, medical and wellness-oriented cannabis products with an emphasis on innovation and production excellence.

OTCQB:EMHTF - Post Discussion

Emerald Health Therapeutics Inc > sunfarms village farms connection
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Post by jg75123 on Feb 09, 2019 4:44pm

sunfarms village farms connection

Im wondering how Emerald can own %40 of sunfarms production and village farms owns %50. seems wierd.

can someone explain how this is?

i can see either village farms or emerald wanted to be bought out or form one larger company form here.

anyone have some input on this?
Comment by cannhealth on Feb 09, 2019 6:10pm
You're confused JG. EMH & VFF are in a 50/50 ownership agreement on the PSF operation. You've mistaken EMH's agreement with VFF to purchase 40% of PSF's 2019 production of flower, with EMH's ownership interest in PSF.
Comment by jg75123 on Feb 10, 2019 4:05pm
it is confusing, it sounds like EMeral owns %50 of sunfarms production and Village farms owns the other %50
Comment by cannhealth on Feb 10, 2019 4:26pm
If you're confused JG.. that confusion is yours and yours alone. I explained to you the percentage ownership between EMH and VFF in the Pure SunFarms greenhouse cannabis operation. I also explained that EMH has an agreement in place to purchase up to 40% of PSF's 2019 production. Furthermore, any revenue generated through the sales of MJ produced by PSF will necessarily have to be split 50 ...more  
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