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Shareholders Rally For New Directors As Cannabis MSO Enters $3M Asset Sale Deal

Benzinga ·  Dec 2, 2023 02:46

YourWay Cannabis Brands Inc.(CSE:YOUR) (OTC:YOURF) announced Thursday that it hasentered into a definitive agreement to sell Labtronix, Inc.

Under the terms of the deal, YourWay hasagreed to sell a 100% ownership interest in Labtronix, which sale will effectively allow the company to separate itself from:

  • all lawsuits both existing and unknown against Labtronix;
  • all existing liabilities of Labtronix both known and unknown; and
  • all tax liabilities about Labtronix (where essential all operations of the company have been conducted).

As consideration for the sales deal, which would close upon receipt of all necessary approvals -YourWay will receive...

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