Green Growth Brands Inc. (CNSX:GGB) acquired Henderson Organic Remedies, LLC for $24.5 million on August 27, 2019. The transaction consideration comprised of the issuance of a secured loan in the principal amount of $15.485 million and a cash payment in the amount of $8.9795 million of which $1 million was paid as a nonrefundable advance in consideration of the amendment to the maturity date of the loan. The cash purchase price payable for the acquisition was financed from part of the net proceeds of CAD 50.225 million ($37.816 million) offering. Green Growth Brands raised gross proceeds of CAD 61.2 million ($46.079 million) in connection with the debenture financing and used $1 million to pay the members of Henderson Organic as a nonrefundable advance. The acquisition was subject to state and municipal regulatory approval and customary conditions of closing. Green Growth Brands Inc. (CNSX:GGB) completed the acquisition of Henderson Organic Remedies, LLC on August 27, 2019.