NetworkNewsBreaks – City View Green Holdings Inc
Post# of 33
City View Green Holdings (CSE: CVGR) today announced its entry into a Letter of Intent (“LOI”) with Blue Heaven Coffee Company (“BHC”) to purchase 100% of the company for a combination of cash and shares. According to the update, a number of Blue Heaven Cafés under contract with a respected prominent Canadian institution and national coast to coast partner will be included in the purchase, and further details will be provided upon signing of a definitive agreement. “This is a strategic acquisition that will not only offer Canadians the finest coffee in the world, it will also give us a direct route to market for future edibles and consumables and provides CVG a high traffic national footprint with a viable and sustainable business model and revenue stream,” City View Green CEO Ian MacDonald said in the news release.
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