Venture Breakfast Bits, by 24/7 Market News
DENVER, Colo., October 25, 2019- (24/7MarketNews via COMTEX) Venture Market News for October 25, 2019.
Acreage Holdings and GreenAcreage Announce $70+ Million Sale-Leaseback Transactions
NEW YORK, Oct. 25, 2019 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage Holdings” or “Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) and GreenAcreage Real Estate Corp. (“GreenAcreage”), an independent real estate investment trust, today announced the closing of a series of sale-and-leaseback transactions for the sale of certain properties and facilities from Acreage Holdings to GreenAcreage for an aggregate of approximately $18 million to Acreage Holdings and approximately $23 million overall including payments to a third-party seller. The locations funded and closed today include facilities in Massachusetts, Florida and Pennsylvania. Acreage Holdings and GreenAcreage expect to close on additional facilities in Illinois and Connecticut within the next thirty days.
Ignite International Brands, Ltd. Announces Closing of the first Series in its Non-Brokered Private Placement of Unsecured Senior Convertible Debentures for proceeds of $10 Million
VAUGHAN, Ontario, Oct. 25, 2019 (GLOBE NEWSWIRE) — Ignite International Brands, Ltd. (CSE: BILZ; OTCQX: BILZF) (“Ignite” or the “Company”) is pleased to announce that it has today closed the first Series (the “First Series”) of its previously announced non-brokered, private placement (the “Offering”) of convertible debenture units (the “Units”) for aggregate gross proceeds of CAD$10 million. The Company was successful in achieving this close in advance of the originally disclosed, projected closing date of October 31, 2019. The net proceeds from the First Series will be used by the Company for working capital and other general corporate purposes
KushCo Holdings to Report Fourth Fiscal Quarter and Full Year 2019 Financial Results on Thursday, November 7, 2019
CYPRESS, CA / ACCESSWIRE / October 25, 2019 / KushCo Holdings, Inc. (OTCQX:KSHB) (”KushCo” or the ”Company”), the premier producer of ancillary products and services to the legal cannabis and CBD industries, is scheduled to host a conference call and webcast on Thursday, November 7, 2019 at 4:30 p.m. Eastern time to discuss its financial and operational results for its fourth fiscal quarter and fiscal year ended August 31, 2019.
Books will close today today October 25, 2019
Per Deutsche Bank the books will close on AKZOY today October 25, 2019.
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