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Tag Archives: NBUD

North Bud Farms Signs Binding Letter of Intent to Enter U.S. Market with Strategic Acquisition of Multi-State Licensed Operator Eureka Vapor

March 06, 2019 (GLOBE NEWSWIRE) -- North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) ("NORTHBUD" or the "Company") is pleased to announce that effective March 3, 2019 it entered into a binding letter of intent (“LOI”) to acquire all the issued and outstanding shares of Eureka Vapor LLC. and all of its subsidiaries (“Eureka”), a U.S. multi-state cannabis operator, and arm’s length to the Company, in a transaction valued at CAD$20 million. 
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Cannabis 2.0: Quality + Scale = New Opportunities

With the sector continuing to mature, investors have had the opportunity to observe the early entrants to this industry. Some have had spectacular success; others not so much. Cannabis industry executives have also had the chance to observe this development. For the management teams of newer cannabis companies, this means modeling strategies that have proven to be successful while shunning or refining those that have not.
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