Bayswater Uranium Announces Proposed Reverse Takeover By Green Thumb Industries

Published: May 14, 2018

Bayswater Uranium Announces Proposed Reverse Takeover By Green Thumb Industries

Bayswater Uranium Corporation and VCP23, owner of Green Thumb Industries, a national U.S. cannabis cultivator and dispensary operator, are pleased to confirm that the business combination of Green Thumb Industries and Bayswater that will result in a reverse takeover of Bayswater by the securityholders of Green Thumb Industries.

 

“I’m excited for all of us at Green Thumb Industries as we experience a huge milestone and transition from a private company to a publicly traded one,” says Green Thumb Industries Chief Executive Officer Pete Kadens. “In addition to giving back to the communities in which we operate, our priority remains bringing a disciplined and strategic approach to our expansion efforts as we move Green Thumb Industries to the next level. Green Thumb Industries is well-positioned to thrive as the cannabis industry matures and we look forward to being among the publicly traded cannabis companies on the Canadian exchanges.”

 

With a vertically integrated supply chain, Green Thumb Industries manufactures and sells a well-rounded suite of branded cannabis products and owns and operates seven manufacturing facilities and a chain of retail locations in six highly regulated, limited supply U.S. markets.  Green Thumb Industries recently opened its 12th retail store and expects to have 20 stores open by the end of 2018.