CPH creso pharma limited
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News: CPH Creso Pharma And Red Light Holland Entered Definitive Agreement To Merge Their Businesses

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    17/06/21
    11:40
    Post #: 53895629

    June 17 (Reuters) - Creso Pharma Ltd (CPH) :

    • CRESO PHARMA AND RED LIGHT HOLLAND HAVE ENTERED INTO A DEFINITIVE AGREEMENT TO MERGE THEIR BUSINESSES AND CREATE HIGHBRID LAB
    • HIGHBRID LAB IS EXPECTED TO HAVE AN IMPLIED PRO FORMA EQUITY VALUE OF A$371 MILLION
    • BRUCE LINTON EXPECTED TO JOIN AS NON-EXECUTIVE CHAIRMAN OF HIGHBRID LAB'S BOARD OF DIRECTORS
    • ONCE MERGED, HIGHBRID LAB TO COMMENCE SELLING ITS ANIMAL AND HUMAN CBD PRODUCTS WITHIN USA
    • HIGHBRID LAB WILL TRADE ON CANADIAN SECURITIES EXCHANGE UNDER TICKER SYMBOL 'TRIP'
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