Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today
announced approval by its board of directors for the grant of an aggregate of
595,000 restricted share units (“RSUs”) to certain of its employees (“RSU
Recipients”) under the company’s equity incentive plan. Per the update, each
RSU will carry the right to receive one of the company’s common shares upon
vesting, with all RSUs vesting in equal parts each year for a period of three
years. The RSUs will be granted to RSU Recipients as a compensation for their
services to Green Growth Brands and as an incentive to foster long-term success
of the company.
To view the full press release, visit http://ibn.fm/dokh4
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://ibn.fm/GGBXF
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