Cannabis firm BR Brands plans $43 million deal for Denver’s Dixie Brands

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Connecticut-based marijuana firm BR Brands on Monday announced it will merge with Dixie Brands, a Denver manufacturer of cannabis-infused products and a consumer packaged goods company, in a $43 million reverse takeover. Under the terms of the transaction, BR Brands will own 80% of the merged company and Dixie shareholders will possess the remaining 20%. […]

Cannabis firm BR Brands plans $43 million deal for Denver’s Dixie Brands is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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