Ventura Cannabis and Wellness Corp Signs Agreement to Sell Oregon Dispensary and Calls Special Meeting of Shareholders
August 31, 2020 at 05:12 pm IST
Ventura Cannabis and Wellness Corp. announced it has entered into a definitive agreement to sell Portland Asset Holding Corporation and its cannabis retail dispensary in Portland, Oregon to Vibe Bioscience Ltd. (CSE:VIBE) ("Vibe") for common stock and warrants ("Consideration") that it intends to distribute directly to VCAN shareholders, subject to shareholder vote and other regulatory approvals.