Green Growth Brands Archives

Debra BorchardtMay 20, 2020

Green Growth Brands Inc. (OTCQB: GGBXF) had earlier this week announced that it had defaulted on its debentures due this month, now it is headed to the Canadian equivalent of bankruptcy. Green Growth said that has filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) and obtained an order from the Ontario Superior Court of […]

Debra BorchardtMay 6, 2020

CEO Stormy Simon is out at Hightimes Holding Corp. after just four months. Former Green Growth Brands (OTC: GGBXF) Peter Horvath is in. This is the third CEO for the iconic publisher High Times in just 13 months as the company pivots away from events and news and instead heads towards the dispensary side of […]

Debra BorchardtApril 3, 2020

Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) has placed the company’s CBD business into receivership. This is typically a move to avoid bankruptcy. This was the determination from the company’s special committee of the Board of Directors. Just a few weeks ago, Green Growth Brands closed down its CBD business, which was operating as […]

Debra BorchardtMarch 23, 2020

Editors Note: This story was updated on March 23, 2020. Since this story was published on Friday, March 20, 2020, Green Growth Brands informed its laid-off workers that they would get paid. A spokesman for the company said, “At the time of the decision, the company remained uncertain of its ability to fund the payroll […]

Debra BorchardtMarch 20, 2020

Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) CEO Peter Horvath is stepping down from this position and as a member of the Board of Directors effective on Thursday, March 19. The announcement was made after the market closed. Mr. Horvath has served as CEO of Green Growth Brands since January 2019 and as a member of […]

Debra BorchardtFebruary 24, 2020

Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) announced that The BRN Group Inc. has agreed to acquire the company’s cannabidiol business. The company and an affiliate of BRN have executed a “stalking horse” asset purchase agreement in respect of the CBD Transaction pursuant to which the Purchaser will acquire all of the assets and […]

Debra BorchardtNovember 26, 2019

Green Growth Brands Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) reported its results for fiscal first-quarter 2020 ending September 28, 2019. Revenues for the period totaled $12.7 million, a 77% increase over the previous quarter. However, the company delivered a whopping net loss of $30 million versus last year’s net loss of $2.8 million […]

William SumnerAugust 23, 2019

It’s time for your Daily Hit of cannabis financial news for August 22, 2019. On the Site Gen!us From Jimi Hendrix to Carl Sagan, many of the greatest artistic and scientific minds in history have used cannabis to help spur cultural progress, and yet surprisingly few entrepreneurs have aspired to create a cannabis strain specifically […]

William SumnerAugust 15, 2019

It’s time for your Daily Hit of cannabis financial news for August 15, 2019. On the Site Trulieve Yesterday, Trulieve Cannabis Corp. (OTCMKTS: TCNNF) (CNSX: TRUL) announced the release of its second quarter financial results. Year-over-year, Trulieve’s increased 149% from $23.3 million to $57.9 million. Keeping pace with revenue, operating expenses also rose from $6 […]

Debra BorchardtAugust 15, 2019

Aurora Cannabis Aurora Cannabis Inc. (NYSE | TSX: ACB) said that it has secured commitments from an expanded syndicate of lenders led by the Bank of Montreal to amend and upsize its existing C$200 million secured credit facility. The company said that its amended secured credit facility will consist of an additional C$160 million allocated […]

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Tag: Green Growth Brands

Green Growth Brands Defaults On Debentures, Heads To Bankruptcy

High Times Hires Third CEO In One Year

Green Growth’s CBD Business Goes Into Receivership

Green Growth Brands Finds Money To Pay Its Laid Off Workers

CEO Peter Horvath Out At Green Growth Brands

Green Growth Sells Off CBD Biz As The Board Says It Has Limited Alternatives

Green Growth Brands Extreme Earnings Expenses, Harvest One Cuts Back

The Daily Hit: August 22, 2019

The Daily Hit: August 15, 2019

Money Moves From Aurora Cannabis, Green Growth Brands

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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