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Simply Solventless To Acquire CannMart As It Seeks To Expand Into Hydrocarbon Cannabis Concentrates

大麻関連株の拡大を目指し、シンプリースォルヴントレスがハイドロカーボン大麻濃縮物に進出するためにCannMartを取得する

Benzinga ·  06/26 08:58

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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