Ayurcann Holdings Corp. (OTCQB: AYURF) (CSE:AYUR) (FSE: 3ZQ0) entered into a share purchase agreement, pursuant to which the company will acquire 100% of Joints and Hustle & Shake Inc. for $5.5 million.
About Joints and Hustle
Joints and Hustle holds assets comprising the 'Joints' and 'Hustle and Shake' brands. Currently, the brands are being sold in various provinces across Canada. Prior to the acquisition, Ayurcann was the supplier of choice for the input materials required to produce products sold under the brands. The Joints brand offers market leading high potency CBD oils products. The Hustle & Shake brand focuses on the true to flower cannabis experience with high potency vapes.
The acquisition, which is an arm's length transaction, …