MYM Nutraceuticals Buys Biome Grow Subsidiary, Secures $3M In Financing

Canadian cannabis producer MYM Nutraceuticals Inc. (CSE: MYM) (OTC: MYMMF) confirmed the acquisition of Highland Grow Inc., a cannabis cultivator and distributor in Antigonish, Nova Scotia, for roughly $12.9 million.

Highland Grow is a subsidiary of Biome Grow Inc. (CSE: BIO) (CNSX: BIO.CN) (Frankfurt: 6OTA) (OTC: BIOIF).

MYM said Monday it agreed to purchase

Under the deal, Biome agreed to become MYM’s largest shareholder.

Transaction Details

The price tag includes $1.5 million in cash; some 42.8 million common shares in the capital of MYM at 6 cents; 132.5 million MYM’s newly-created non-voting Class A Special Shares, and …

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