HCMC acquires Green's Natural Foods' 8 stores for ~$5M plus inventory; expects to double revenue to $60M

Healthier Choices Management Corp.

Cash purchase price ~$5M plus ~$1.78M for inventory; HCMC assumes all store lease obligations.
Acquisition of 8 organic/natural food stores in NY and NJ from Dean's/Sellers group.
CEO states deal should approximately double HCMC's annualized revenue to ~$60M.
Transaction closed on October 14, 2022; funded by HCMC subsidiary Healthy Choice Markets IV.

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