Cannabis firm BR Brands plans $43 million deal for Denver’s Dixie Brands

  • Cannabis firm BR Brands plans $43 million deal for Denver’s Dixie Brands
  • Connecticut-based marijuana firm BR Brands on Monday announced
  • with Dixie Brands, a Denver manufacturer of cannabis-infused products and a consumer packaged goods company, in a $43 million reverse takeover.
  • Under the terms of the transaction, BR Brands will own 80% of the merged company and Dixie shareholders will possess the remaining 20%.

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