ZeroStack Corp. (ZSTK): M&A transaction — Flora Growth completes sale of Colombian operations to Lisan Farma

ZeroStack Corp.

Sale closed Nov 1, 2023; assets include 361-acre farm (249 licensed acres), processing facility, and cannabis inventory.
Buyer Lisan Farma Colombia LLC acquired all assets on an 'as is where is' basis.
Transferred assets also include Flora Lab 2 (OTC phytotherapeutics) and Flora Lab 4 (custom cannabis formulations) equipment and licenses.
No purchase price, gain/loss, or other financial terms disclosed in this filing.

item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ZeroStack Corp. completed a disposition involving Lisan Farma Colombia LLC (closed 2023-11-01).

Action: disposition
Counterparty: Lisan Farma Colombia LLC
Closing: 2023-11-01

Exact text from the filing

completed the previously disclosed sale of its shares in Flora Growth Corp Colombia S.A.S., Flora Lab S.A.S., Flora Med S.A.S., Cosechemos Ya S.A.S., Kasa Wholefoods Company S.A.S. and other related Flora assets related to its Colombian operations

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Source: SEC EDGAR

accession 0001062993-23-020088

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