Bullboard - Stock Discussion Forum 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... see more

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Green Growth Brands Inc > Green Growth Brands to Combine with MXY Holdings

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Post by AwareInvestor on Jul 09, 2019 10:24am

Green Growth Brands to Combine with MXY Holdings

Green Growth Brands announced this morning that it will be combining with MXY Holdings in an all-stock US$310 million transaction. Green Growth will remain the public vehicle of the combined entity, with the issuer essentially purchasing MXY Holdings and moving its current GGB assets into a different subsidiary.

MXY Holdings, operating as Moxie, is a currently private multi state operator within the US. It currently features award-winning brands and strong customer loyalty across its network. With operations in California, Nevada, Arizona, Pennsylvania, and New Jersey, the firm currently has products in over 250 dispensaries across the US.

https://thedeepdive.ca/green-growth-brands-to-combine-with-mxy-holdings/

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