Supreme Cannabis Acquires Blissco Cannabis In $36.6M Deal

Supreme Cannabis Company Inc (OTC: SPRWF) on Thursday reached an agreement to acquire Blissco Cannabis Corp. (OTC: HSTRF) in an all-stock deal worth C$48 million ($35.65 million USD).

What Happened

Under the terms of the agreement, shareholders of Blissco will be offered 0.24 shares of Supreme Cannabis Company for each share they hold.
The deal was approved by the boards of directors of both companies.

In addition, Supreme managed to secure irrevocable hard lock-ups …

Full story available on Benzinga.com

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