Lobe Sciences Signs Definitive Agreement for Sale of Cowlitz Cannabis Assets to Ionic Brands Corp pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
The transaction value of approximately $32,000,000 will significantly improve Lobe's balance sheet with non-dilutive capital and will provide immediate shareholder value
Vancouver, British Columbia (Newsfile
IONIC Brands Corp.: Lobe Sciences Signs Definitive Agreement for Sale of Cowlitz Cannabis Assets to Ionic Brands Corp.
VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / Lobe Sciences Ltd. (
Lobe or the
Company ) (LOBE) and Ionic Brands Corp. (
Ionic ) (CSE:IONC)(FRA:IB3)(OTC PINK:IONKD) are pleased to announce that, further to their press releases dated December 1, 2020, Lobe s wholly owned subsidiary Green Star Biosciences Inc. has signed a definitive binding asset purchase agreement dated February 22, 2021 (the
Agreement ) with Ionic Brands with respect to the sale to Ionic Brands of certain assets held by Lobe s subsidiary vendor relating to Washington-based Cowlitz County Cannabis Cultivation Inc. (
Lobe Sciences Signs Definitive Agreement for Sale of Cowlitz Cannabis Assets to Ionic Brands Corp theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.