HempNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Grants Deferred Share Units Under Equity Incentive Plan; Enters Advisory Agreement with Authentic Retail Concepts

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the grant of an aggregate of 212,636 deferred share units (“DSUs”) to certain of its non-executive directors as a compensation for services to the company under its equity incentive plan. Upon vesting, with all to vest as of the date of award, each DSU will carry the right to receive one common share of the company. In addition, the company has entered into an arm’s length advisory services agreement with Authentic Retail Concepts, Ltd. (“ARC”). Under the agreement, ARC will perform a variety of ongoing consulting services related to retail distribution strategies, which include facilitating introductions to certain real estate owners and operators. As compensation for the services, GGB has issued to ARC 500,000 common shares valued at $1,555,000 (CAD$2,130,000) and 500,000 common share purchase warrants, reflecting the GGB share price of $3.11 (CAD$4.26) as of the May 21, 2019 close of trading.

To view the full press release, visit http://cnw.fm/1zIe2

About Green Growth Brands

Green Growth Brands creates remarkable experiences in cannabis and CBD. Led by CEO Peter Horvath and a leadership team of consumer-focused retail experts, the company’s brands include CAMP, Seventh Sense Botanical Therapy, The+Source, Green Lily, Meri + Jayne, and has a licensing agreement with the Greg Norman Brand. Already boasting strong sales in the cannabis industry, GGB is expanding its cannabis operations throughout the U.S., its CBD presence at ShopSeventhSense.com, in malls across the country and at DSW shoe stores—and that’s just the beginning. For more information, visit the company’s website at www.GreenGrowthBrands.com.

NOTE TO INVESTORS: The latest news and updates relating to GGBXF are available in the company’s newsroom at http://cnw.fm/GGBXF

About HempWire

HempWire (HW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) HempNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, HW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. HW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, HW brings its clients unparalleled visibility, recognition and brand awareness. HW is where news, content and information converge.

To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.hempwire.com

Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: https://www.hempwire.com/disclaimer/

Do you have a questions or are you interested in working with HW? Ask our Editor

HempWire (HW)
Denver, Colorado
www.hempwire.com
303.498.7722 Office
Editor@HempWire.net