Cover Development issued 15.2 million widespread shares to Les Serres Stephane Bertrand as a part of an amended settlement for the Canadian hashish firm to purchase a forty five% stake in Les Serres Vert Hashish.
Cover Development
WEED,
CGC,
owns 55% of Les Serres Vert Hashish. If the deal is accomplished, Cover Development will personal the whole firm.
Les Serres Vert Hashish is a licensed medical-marijuana producer in Quebec.
Earlier this month, Cover Development agreed to promote a facility in Smiths Falls, Ontario, to Hershey for 53 million Canadian {dollars} ($39.2 million) in an effort to comprise prices. It was the seventh property the corporate has offered since April.