NetworkNewsBreaks – City View Green Holdings Inc
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Posted On: 06/13/2019 5:48:57 PM
NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Announces Budd Hutt’s Agreement to Acquire Alberta Retail Cannabis Store Locations as Part of National Strategy
City View Green Holdings (CSE: CVGR) today announced the entry of Budd Hutt Inc., a private company of which CVGR holds a 19.9% equity interest, into an agreement to acquire eight pre-license retail cannabis store locations in the Alberta market. According to the update, Budd Hutt intends to initially enter into the Canadian cannabis retail marketplace via Alberta as part of its national strategy. Appropriate regulatory approvals are in place for all of the store locations, with exception of approval from Alberta Gaming, Liquor and Cannabis (“AGLC”), which is pending. “This announcement from our retail partner Budd Hutt is incredibly exciting for CVG and its shareholders,” City View Green CEO Ian MacDonald said in the news release. “Having an aggressive coast to coast retail strategy makes Budd Hutt a truly unique retail business model and adds tremendous value to CVG’s route to market strategy. Congratulations to the Budd Hutt Team on this incredible achievement.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
City View Green Holdings (CSE: CVGR) today announced the entry of Budd Hutt Inc., a private company of which CVGR holds a 19.9% equity interest, into an agreement to acquire eight pre-license retail cannabis store locations in the Alberta market. According to the update, Budd Hutt intends to initially enter into the Canadian cannabis retail marketplace via Alberta as part of its national strategy. Appropriate regulatory approvals are in place for all of the store locations, with exception of approval from Alberta Gaming, Liquor and Cannabis (“AGLC”), which is pending. “This announcement from our retail partner Budd Hutt is incredibly exciting for CVG and its shareholders,” City View Green CEO Ian MacDonald said in the news release. “Having an aggressive coast to coast retail strategy makes Budd Hutt a truly unique retail business model and adds tremendous value to CVG’s route to market strategy. Congratulations to the Budd Hutt Team on this incredible achievement.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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