Green Growth Brands Issues Common Shares

Published: March 18, 2019

Green Growth Brands Issues Common Shares

Green Growth Brands Inc. announced issuance of shares of common stock for completed consulting services with JDS 4300 Consulting LLC (“JDS”) and TSB Consulting LLC (“TSB”) for arm’s length previously-rendered strategic corporate advisory and corporate structure and reorganization services, respectively. In exchange for the services rendered under these agreements, the Company has issued to JDS USD$687,469.31 (CAN$924,000) in GGB common shares, and has issued to TSB USD$171,867.33 (CAN$231,000) in GGB common shares, with the price of each share issuance reflecting the GGB share price of USD$3.44 (CAN$4.62) as of the close of trading on March 6, 2019. The common shares for both agreements are subject to a lock up agreement for a period of 12 months from the effective date.