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Tuesday, July 09, 2019 12:37:43 PM
USA REAL ESTATE HOLDING COMPANY ACQUIRES GREEN PHARMA COLOMBIA S.A.
TORONTO, ON / October 15, 2018 / USA Real Estate Holding Company (OTC PINK: USTC), a diversified public holding company, announced today that it has entered into Letter of Intent Agreement to acquire Green Pharma Colombia in an all stock transaction. The amount of shares will be determined upon the signing of the definitive agreement.
The company Green Pharma Colombia S.A. is dedicated to the cultivation and extraction of cannabis oil, as well as the production of tinctures, creams and beauty products (shampoo, creams for skin relief) with different concentrations of CBD and THC. The company only grows the best strains with the highest quality standards, which assures us to be as consistent as possible from batch to batch in order to produce replicable results for patients.
“We’re pleased to announce this acquisition as the Company is seeking out opportunities in the medical cannabis and CBD sectors. The global legal cannabis market is expected to reach USD 146.4 billion by end of 2025” stated by Sabahat Ullah, Director of USTC.
He further added, “We have decided to hold off on the launch of our crypto currency mining operations and Digital Asset Exchange platform until the Company register with the SEC and meet the standards of an SEC-registered national securities exchange. Nevertheless we are focused on the building our asset base and excited about the unique opportunities the legal Cannabis market presents at this time”.
About Green Pharma Colombia:
The company Green Pharma Colombia S.A. is dedicated to the cultivation and extraction of cannabis oil, as well as the production of tinctures, creams and beauty products (shampoo, creams for skin relief) with different concentrations of CBD and THC. The company only grows the best strains with the highest quality standards, which assures us to be as consistent as possible from batch to batch in order to produce replicable results for patients.
For more information visit: www.pharmagreen.co
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