Brief: Foxbuy.com Files Offer For Purchase Of HemPoland

Labocanna SA

11/02/2021 07:51

Feb 11 (Reuters) - FOXBUY.COM SA  LCN.WA :
    * SAID ON WEDNESDAY LABOCANNA MANAGEMENT HAS PLACED PRELIM
OFFER
FOR PURCHASE OF 100% STAKE IN HEMPOLAND FOR CAD 5.5 MLN (16 MLN
ZLOTYS)
    * OFFER WAS PLACED TO CANADA-BASED THE GREEN ORGANIC
DUTCHMAN
HOLDINGS, OWNER OF TGOD EUROPE WHICH HOLDS 100% STAKE IN
HEMPOLAND
    * THE COMPANY WOULD LIKE TO BUY HEMPOLAND IN Q1, BUT NO
LATER THAN
Q2
    * HEMPOLAND IS AN ENTITY LICENSED TO GROW HEMP AND ALSO RUNS
THEIR
EXTRACTION

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3ZRthBa
    
 Further company coverage:  LCN.WA  
   


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