Simply Solventless To Acquire CannMart As It Seeks To Expand Into Hydrocarbon Cannabis Concentrates
Simply Solventless To Acquire CannMart As It Seeks To Expand Into Hydrocarbon Cannabis Concentrates
Simply Solventless將收購CannMart,以便擴大到烴類大麻濃縮物領域。
Simply Solventless Concentrates Ltd. (TSXV:HASH) is acquiringLifeist Wellness Inc.'s (TSXV:LFST) (FRANKFURT: M5B) (OTC:LFSWF) subsidiaryCannMart Inc.
What Happened
The Calgary, Alberta-based company said on Wednesday that it has entered into a services agreement regarding the operations of CannMart and a share purchase agreement with Lifeist Wellness Inc. to acquire all of the shares of CannMart.
See also: Canadian Company Lifeist Says Farewell To Cannabis Business Unit, Turns To Nutraceuticals
Key termsof the services agreement are as follows:
- SCC will receive the benefit of 100% of CannMart's revenue, less a service fee of 10% of net...
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