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Terra Tech Buys Unrivaled, Expects $70M In Revenues And More M&A

Terra Tech Buys Unrivaled, Expects $70M In Revenues And More M&A Benzinga 3/3/2021 Umbrla Inc. for an undisclosed price. Popular Searches Umbrla, which has rebranded as  Unrivaled, counts Dallas Imbimbo co-founder of KushCo Holdings Inc. (OTCQX: KSHB) among its management. The company operates manufacturing and distribution operations in both California and Oregon, offering flower products, vape cartridges, extracts, and edibles. Deal Details: Terra Tech plans to fold Unrivaled s portfolio into its existing operations across California and Nevada. We are very pleased to have entered into this mutually beneficial transaction which leads to immediate scale, driven by strong brands and revenue growth,  Terra Tech CEO Frank Knuettel II said, citing Imbimbo s leadership.

Golden Leaf Holdings Enters into Letter of Intent to Acquire Retail Chain

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Golden Leaf Holdings Enters into Letter of Intent to Acquire Retail Chain Golden Leaf Holdings Ltd.February 26, 2021 GMT PORTLAND, Ore., Feb. 26, 2021 (GLOBE NEWSWIRE) Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf,” “GLH” or the “Company”), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announces it has signed a non-binding letter of intent to acquire a multi store chain in the Northwest Oregon. These stores are expected to generate at least US$10 million in annual run rate revenue (based on unaudited January 2021 results) and had a net operating margin of 11% (unaudited) during fiscal 2020 (under U.S. GAAP).

Golden Leaf Holdings Announces It Has Entered into LOI to Acquire Retail Chain

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. Disclaimer: This press release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information includes, but is not limited to, statements regarding the following: that the Company will execute a definitive agreement for the acquisition; that the Company will successfully close the acquisition; that the acquisition will reinforce the Company s strategic plans; that the acquisition will produce synergies with the Company s existing operations; that the acquisition will be accretive; the manner in which the Company will fund the acquisition; and that the acquired stores will continue to generate at least the revenue and margin that they currently generate. Forward-looking information also includes statements with respect to

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