Brief: WeedMD Sells Fully Licensed Bowmanville Operating Assets

Entourage Health

15/06/2021 13:25

June 15 (Reuters) - WeedMD Inc  WMD.V :
    * PRESS RELEASE - WEEDMD SELLS FULLY LICENSED BOWMANVILLE
OPERATING ASSETS
    * WEEDMD INC - INTENDS TO USE NET PROCEEDS OF SALE PRIMARILY
TO
PAY DOWN DEBT
    * WEEDMD INC - CONCLUDES SITE OPTIMIZATION STRATEGY
INITIATED IN
EARLY 2021
    * WEEDMD INC - TO SELL ALL SHARES OF STARSEED MEDICINAL INC
TO
FINAL BELL CANADA FOR C$2.5 MILLION IN CASH
    * WEEDMD INC - RETAINS ALL ASPECTS OF ITS EXISTING MEDICAL
CANNABIS BUSINESS, INCLUDING ITS STARSEED MEDICINAL BRAND

Source text for Eikon:  ID:nGNX4YXWfq 
Further company coverage:  WMD.V 

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