Green Growth Brands (CSE: GGB) - Investor Dashboard


➔  Green Growth Brands
CSE Ticker: GGB
OTC Ticker: N/A
Sector: Consumer Discretionary
Industry: Consumer Products
Country: U.S./Canada
Employees: 147
Established: 2018
CEO: Peter Horvath

Summary

Fiscal Year-End: December
Exchange: CSE
Sector: Consumer Discretionary
Auditor: MNP
Headquarters: Columbus, OH

Financials (Pro Forma 6/30)

Cash on hand: $41.9 million
Fixed Investment: $0.6 million
Shareholders’ Equity: $118.6 million
Revenues – Last Quarter: n/a
Adj. Gross Margin : n/a
EPS : n/a

Capital Structure (11/26/18)

Last Financing: 16.95 million shares at C$2.00
Basic Shares: 166.3 million
Warrants: 36.9 million
Options: 0.5 million
Diluted Shares: 261.0 million

Company Brief

The founding partners behind Green Growth Brands (GGB) have created some of the best consumer brands in the world. The Schottenstein family has led America’s largest retailers such as America Eagle, Designer Shoe Warehouse, and Value City Furniture. Through a number of strategic acquisitions, Green Growth Brands’ mission is to become the leader in Cannabis retailing.

The company has already developed a strong portfolio of cannabis brands who are active in the industry today such as CAMP, Seventh Sense, Mari+Jayne, Green Lily, The Source, 8/Fold and Xanthic Biopharma. GGB is built on a foundation of retail industry experts which support two business segments of cannabis retail and CBD consumer products. With initial focus on expanding the recreational market of Nevada with multiple retail license opportunities, the company also recognizes that CBD consumer products is a nascent market with tremendous potential for brand equity.

Featured Video


Highlights

  • Developed a line of innovative, CBD-based health and beauty products, leveraging the GGB management team’s significant experience in the health and beauty products industry.
  • Retail cannabis store “The Source” in Las Vegas, Nevada sees on average of over 900 customers per day. The Source also maintains impeccable reviews and ratings, and, in February 2018, was named “Best of the City” by NPR’s Desert Companion Magazine.

Differentiators

  • GGB’s operations are led by renowned retailer Peter Horvath, former executive at a number of national brands, including Victoria’s Secret, American Eagle Outfitters, DSW and Limited Brands.
  • The company’s retail partners provide distribution opportunities in over 4,000 stores, as well as robust and established digital platforms.
  • As a result of combining businesses with Xanthic, GGB will be able to develop unique intellectual property that makes CBD and THC, the two key active ingredients in cannabis, water-soluble.

Growth Strategy

  • The company is targeting rapid expansion throughout North America and is actively pursuing opportunities in a number of states and provinces.
  • GGB is focused on the expansion of the Nevada market by acquiring established and successful business and undeveloped licenses

Curated Stories & News


Visit Green Growth Brands,
at www.greengrowthbrands.com.

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. Green Growth Brands is a client of NCV Media, LLC. Read our full disclaimer.