GVA Lighting Launches Horticultural Lighting Division Called Linnaeus Lighting

COLUMBUS, Ohio, July 09, 2019 (GLOBE NEWSWIRE) PRESS RELEASE — Green Growth Brands Inc. is pleased to announce that it has entered into a securities acquisition and contribution agreement, dated as of July 8, 2019, with, among others, MXY Holdings LLC (Moxie) under which a new Ontario limited partnership, of which GGB will be the general partner (GGB LP), will acquire the operating companies of GGB and the issued and outstanding units of Moxie, an arm’s length third party, in an all-equity interest transaction. As part of the Transaction, GGB will also be directly acquiring shares of MXY C, INC. and MXY D, INC., Delaware entities within the Moxie structure, and interests in two entities, PurePenn LLC and Pure CA, LLC (collectively, the Pure Entities), with which Moxie has current acquisition agreements (subject to regulatory approval). 

The equity purchase price of the Transaction is US$310 million, and will be satisfied through

... read more at: https://www.cannabisbusinesstimes.com/article/gva-lighting-launches-linnaeus-hedera-led/

Leave a Reply