Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today
announced approval by its board of directors for the grant of an aggregate of
595,000 restricted share units (“RSUs”) to certain of its employees (“RSU
Recipients”) under the company’s equity incentive plan. Per the update, each
RSU will carry the right to receive one of the company’s common shares upon
vesting, with all RSUs vesting in equal parts each year for a period of three
years. The RSUs will be granted to RSU Recipients as a compensation for their
services to Green Growth Brands and as an incentive to foster long-term success
of the company.
To view the full press release, visit http://ibn.fm/dokh4
About Green Growth Brands
Green Growth Brands creates remarkable experiences in
cannabis and CBD. Led by CEO Peter Horvath and a leadership team of consumer-focused
retail experts, the company’s brands include CAMP, Seventh Sense Botanical
Therapy, The+Source, Green Lily, Meri + Jayne, and has a licensing agreement
with the Greg Norman Brand. Already boasting strong sales in the cannabis
industry, GGB is expanding its cannabis operations throughout the U.S., its CBD
presence at ShopSeventhSense.com, in malls across the country and at DSW shoe
stores—and that’s just the beginning. For more information, visit the company’s
website at www.GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to GGBXF are available in the company’s newsroom at http://ibn.fm/GGBXF
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