Many things attract investors to the stock market, but perhaps the most compelling is the idea of being able to trade for a living. I know that’s what was on my mind when I bought my first stock back in 1985 being my own boss, setting my own hours, and relying on my own wits to make a. Read More.
Lords of Grasstown.
Under the share purchase agreement, the Vancouver-based company opted to purchase all the issued and outstanding shares of Grasstown Holdings Ltd. for $50,000.
The sum is payable within a month, flowing the deal closing and issuance of some 6 million Pac Roots shares.
The transaction is scheduled to finalize on Friday, Feb.19.
Pac Roots CEO Patrick Elliott praised Grasstown, calling it an “incredible brand and story driven by artists with a passionate vision that resonates throughout a massive community.”
“This platform brings a tremendous following that embraces these attributes, which are well positioned to excel in BC and California’s west coast marketplaces,” Elliott added.