Debra BorchardtMarch 28, 2018
GB Sciences, Inc. (GBLX) has signed a letter of intent (LOI) to purchase NevadaPURE’s Las Vegas operation for $28 million in cash and the assumption of approximately $5 million of outstanding liabilities. The purchase price is only two times sales when considering that NevadaPURE has an annualized sales run rate of over $16 million. This is based on the company’s sales since […]
