M&A
confidence high
sentiment positive
materiality 0.75
Freedom Holdings acquires Village Flora for $400K in stock; gains two cannabis licenses
Awareness Group, Inc.
- Purchase price: 200,000 common shares at $2.00/share, total value $400,000.
- Village Flora becomes wholly owned subsidiary; holds two cannabis licenses valued at $1.5M.
- Licenses: provisional Type 6 non-volatile solvent extraction and provisional distributor.
- Company also in negotiations for additional cannabis-related acquisitions.
- New management commits to cannabis industry focus; press release issued April 20, 2023.