Leading California edibles manufacturer Plus Products (CSE: PLUS) recently announced that it has successfully completed the acquisition of all the assets of GOOD CO-OP, INC. Per the terms of the agreement between the California-based cannabis-infused baked goods brand, its securityholders’ agent and the company, PLUS issued 357,464 subordinate voting shares to the shareholders and holders of simple agreements for future equity of GOOD at a valuation of approximately CAD$2,030,000. Of the subordinate voting shares issued, 323,451 subordinate voting shares are subject to an earn-out as previously disclosed. “At PLUS we believe in executing quickly and are pleased we were able to close the agreement promptly after announcing the planned acquisition,” Plus Products CEO Jake Heimark stated in the news release. “I would like to thank the PLUS team that worked diligently on the deal as well as the GOOD team, who we are excited to have on board.”
To view the full press release, visit http://nnw.fm/Zx628
About PLUS
Plus Products Inc. is a leading branded products manufacturer based in California. Its products consist of cannabis-infused edibles, which it sells to both the regulated medicinal and adult-use recreational markets. PLUS™ is currently one of the fastest-growing edible brands in California with several top-selling products The company’s mission is to make cannabis safe and approachable – that starts with manufacturing high-quality products delivering consistent experiences. For more information, visit the company’s website at www.PlusProducts.com.
More from NetworkNewsBreaks
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
