CBMJ Closes DeDonato Deal, Changes Name To Reflect ‘New Nature Of Business’

Broadcasting company Canna Consumer Goods Inc. (PINK: CBMJ) finalized the previously announced acquisition of DeDonato Enterprises LLC.

CBMJ agreed to purchase the Atlanta-based digital marketing agency for $2 million. The price tag includes $200,000 in cash, plus a $1.8 million and potential restricted stock with a two-year holding period.

The Palm Beach, Florida-based buyer said Wednesday that the deal is without delay and accretive on revenue per share, EBITDA …

Full story available on Benzinga.com

More CBMJ Closes DeDonato Deal, Changes Name To Reflect 'New Nature Of Business'