Brief: Westleaf To Acquire Canndara Canada Inc

Decibel Cannabis

24/01/2019 13:17

Jan 24 (Reuters) - Westleaf Inc  WL.V :
    * WESTLEAF TO BECOME ONE OF CANADA'S LARGEST PREMIUM
CANNABIS
RETAILERS WITH EXERCISE OF ITS OPTION TO ACQUIRE CANNDARA
    * WESTLEAF - PURCHASE PRICE IS PAYABLE IN COMMON SHARES IN
CAPITAL
OF WESTLEAF AT A DEEMED VALUE OF $2.24 PER COMMON SHARE
    * WESTLEAF - AS A RESULT OF DEAL, CO RAISED GUIDANCE TO HAVE
ABOUT
50 CANNABIS RETAIL LOCATIONS EXPECTED TO BE OPERATING BY END OF
2020

Source text for Eikon:  ID:nCNW0w0dRa 
Further company coverage:  WL.V 

 ((Reuters.Briefs@thomsonreuters.com;))