I am involved in health, nutrition, and natural therapies. Not just as hobbies, but also I’ve studied throughout my previous life and used from more than 10 years natural health prevention products, and I agree this is the solution for long term health stability and prevention without harming.
I have a special affinity for natural products and I really have big respect for those companies who are involved in this or invested in this. There is a need and nowadays scientists and doctors through their studies are cropping up with statements on alternative therapies and natural remedies side.
Coping with other industries with strong chemical medicines it wasn’t an easy start, nor for people’s mindset.
Such companies like Green Growth Brands, with huge involvement in botanical and cannabis manufacturing, having a distinguished expert team behind and has made another step.
They have entered my favorite state in the USA, Arizona, dealing and making a definitive agreement with ZLJT LLC & Arizona Natural Pain Solutions Inc., which hold license, and they opened their cannabis dispensary, called “Desert Rose”, which is entirely involved in natural pain and medical marijuana license and products for those in need.
Photo: Dispensary Deals – Desert Rose
With this agreement, Green Growth Brands’ team was impressed by the quality of the operations, and also a dedicated team behind Desert Rose. Their products are safe and have pure quality. They also have an education center for first-time patients. They also own some type of concentrates like Butane hash oil (BHO), CO2 oil, Tinctures – The result of using alcohol to extract the active cannabinoids, creating a liquid that after that can be taken simply orally, Kief – the oldest basic type of concentrate, Hash – made from compressed Kief.
Photo: Types of Concentrates – Desert Rose
Their Cannabis Topicals are medical marijuana oils, creams, which are applied to relieve pain and discomfort. Great help to many, not to mention the elderly people.
Green Growth Brands serves a district market, they also help growing communities with a happy and active lifestyle in nature, so their interests are not far from those, who applied these in their companies.
As having an intent becoming an American Leading Company, they announce previously also the acquisition of Just Healthy LLC, which was completed at the end of January by holding a certificate for registered marijuana dispensary, cultivation, and processing site in Massachusetts.
Regarding this acquisition, the Company has elected to exercise an option to purchase land in the Northampton, in Massachusetts area for a total purchase price of USD$700,000 (CAD$923,440).
Cautionary Statements:
Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend”, “forecast” and similar expressions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical and recreational marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the marijuana industry in the United States, income tax and regulatory matters; the ability of the Company to implement its business strategies; competition; currency and interest rate fluctuations and other risks, including those factors described under the heading “Risks Factors” in the Company’s Annual Information Form dated November 26, 2018 which is available on the Company’s issuer profile on SEDAR.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this release, including, but not limited to, the Company’s ability to execute on its growth strategy, the Company’s vision to become a multi-state operator with retail stores exceeding certain financal thresholds, the completion of the acquisition of ZLJT, the receipt of regulatory approvals, the satisfaction of closing conditions, the completion of satisfactory due diligence of ZLJT by the Company and the state of Arizona legalizing recreational cannabis use, is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
This announcement does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.
The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, within the United States, unless the securities have been registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available.
References: droseaz.com
SOURCE: Green Growth Brands
