THC Therapeutics Acquires The Headquarters Group in $11 Million All-Stock Deal

THC Therapeutics Acquires The Headquarters Group in $11 Million All-Stock Deal

The Marijuana Herald - Marijuana news and information THC Therapeutics, Inc. has announced the acquisition of The Headquarters Group, Inc. in an all-share transaction valued at approximately $11 million. The deal was completed through the issuance of 11,007,000 shares of newly created Series D Preferred stock. Founded in 2001, The Headquarters Group operates a portfolio of cannabis-related businesses across cultivation, extraction, distribution,…

THC Therapeutics Acquires The Headquarters Group

MEDFORD, Ore. — THC Therapeutics Inc. (THCT), a company focused on the emerging and dynamic legal and regulated cannabis industry, acquired all the issued and outstanding ownership interests of The Headquarters Group Inc. (THG) in an all-share transaction valued at approximately $11 million. THCT issued 11,007 thousand shares of newly created Series D Preferred stock to fund the deal.THG, a holding company with a portfolio of companies in geneti…