Houston-based Indoor Harvest Corp. will acquire San Antonio-based Alamo CBD LLC to create a company focused on medical cannabis, according to a press release.
The companies first announced they were working on a potential deal at the beginning of the year. They signed a definitive agreement on April 20.
Indoor Harvest will acquire Alamo for about 25.28 million shares of common stock, and the latter will become a wholly owned subsidiary of the former. Indoor Harvest’s stockholders must approve…
Houston-based Indoor Harvest Corp. will acquire San Antonio-based Alamo CBD LLC to create a company focused on medical cannabis, according to a press release.
The companies first announced they were working on a potential deal at the beginning of the year. They signed a definitive agreement on April 20.
Indoor Harvest will acquire Alamo for about 25.28 million shares of common stock, and the latter will become a wholly owned subsidiary of the former. Indoor Harvest’s stockholders must approve…