Cannabis Operators Join Forces Through Business Combinations For More Accretive Transactions
Cannabis Operators Join Forces Through Business Combinations For More Accretive Transactions
Vertically integrated cannabis operator, Stem Holdings, Inc. (OTCQB:STMH, CSE:STEM) announced that executed a term sheet for a proposed business combination with Headwaters, LLC, a California-based greenhouse cultivator.
垂直整合大麻運營商，STEM 控股有限公司 (OTCQB: 標準時間, 系統:莖) 宣布 為建議執行的術語表業務結合 源水, 有限責任公司，總部位於加利福尼亞州的溫室中耕機。
"Over the past 12 months, Stem has worked tirelessly to find the right company to transact a business combination with. We could not be more excited about combining forces with Headwaters, LLC," said Matthew Cohen, CEO of Stem.
「在過去的 12 個月中，Stem 一直孜孜不倦地尋找合適的公司與之交易。我們對於將力量與源頭有限責任公司結合起來感到興奮不已。」馬修·科恩, 幹的首席執行官.
About The Transaction
關於本次交易
Under Stem's term sheet, the transaction will result in a reverse takeover of the company and, subject to the satisfaction of all listing conditions, the listing of the combined entity on the Canadian Securities Exchange and the OTCQB Venture.
根據 STEM 的術語表，該交易將導致公司反向收購，並在符合所有上市條件的滿意的情況下，該合併實體在該公司上市。加拿大證券交易所和 OTCQB 投資公司。
According to a press release, following the closing of the transaction, it is expected that the former equity holders of HDWTR will own about 80% of the issued and outstanding Stem shares.
根據一份新聞稿，交易結束後，預計 HDWTR 的前股權持有人將擁有約80% 的已發行股份和已發行的 STEM 股份。
"Not only will this transaction bring world-renowned cultivation processes, but by combining with Stem and our existing footprint of brands and retail locations, we instantly become a pre-eminent vertically integrated and profitable cannabis company with a new platform and a vision to bolster even more accretive transactions in the future," Cohen said.
Cohen 說：「這項交易不僅將帶來世界知名的種植過程，而且通過與 STEM 以及我們現有的品牌和零售據點的足跡相結合，我們立即成為一家卓越的垂直整合和盈利大麻公司，擁有新平台，並希望在未來增強更多增值交易的願景。」
Subject to the execution of a mutually agreeable definitive agreement, completion of due diligence, and subject to several conditions, the transaction is expected "to be completed by way of an amalgamation, merger or other forms of the business combination to be determined by the parties following receipt of securities, corporate and tax law advice," per the release.
在執行雙方同意的確定協議的情況下，完成盡職調查並受到幾個條件的約束，該項交易預期「將以合併、合併或其他形式的業務合併方式完成，由雙方在收到證券、公司法及稅務法律意見後決定」每個版本。
Headwaters has an emergent brand called Mr. Zips. The company's founder is eager to keep expanding. "We're ready to grow our business to the next level, and the Stem team enables us to do just that," said Tristan Strauss, founder and CEO of Headwaters. "With access to capital markets and Stem's valuable network, Headwaters is well-positioned to continue disrupting the world's largest cannabis market and to expand into new territories."
源頭有一個名為 Zips 先生的新興品牌。該公司的創始人渴望繼續擴張。源頭創辦人兼執行長 Tristan Strauss 表示：「我們已經準備好將業務發展到一個新的水平，而 STEM 團隊使我們能夠做到這一點。通過進入資本市場和 STEM 寶貴的網絡，源頭處於良好的位置，可以繼續破壞全球最大的大麻市場並擴展到新領域。」
The Benzinga Cannabis Capital Conference Is Back!
大麻資本會議又回來了！
The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A start, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don't miss out. Secure your tickets now as prices will go up soon.
Beninga 大麻資本會議是世界上最成功的大麻商業活動，第 16 屆返回邁阿密。這是交易完成的地方，在那裡籌集資金，併購開始，公司會見投資者和主要合作夥伴。加入我們在佛羅里達州楓丹白露邁阿密海灘酒店 4 月 11 日至 12 日。不要錯過。立即安全您的門票，因為價格很快就會上漲。
Image Credits: Pixabay Edited By Benzinga
圖片來源：Pixabay 編輯由本辛加
譯文內容由第三人軟體翻譯。