Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today
announced that an event of default has occurred in respect of its US$45.5
million principal amount of 15.00% secured convertible debentures, which
matured on May 17, 2020. As previously disclosed, Green Growth Brands
received, on May 5, 2020, US$400,000 of debt financing from All Js Greenspace
LLC (“All Js’) on a secured basis. On May 12, 2020, All Js’ advanced, also on a
secured basis, an additional US$400,000 to the company.
To view the full press release, visit http://ibn.fm/lO2XB
About Green Growth Brands Inc.
Green Growth Brands creates remarkable experiences in
cannabis. The company’s brands include CAMP, The+Source, and 8 Fold. GGB is
expanding its cannabis operations throughout the U.S., via dispensaries in
Nevada, Massachusetts and Florida. 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
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment