Cannabis firm BR Brands plans $43 million deal for Denver’s Dixie Brands
Posted On March 9, 2020
- 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%.
Read full article: mjbizdaily.com