Tuesday, July 09, 2019 12:40:11 PM
TORONTO, ON / October 23, 2018 / USA Real Estate Holding Company (OTC PINK: USTC), a diversified public holding company, announced today that it has signed the final agreement to acquire Green Pharma Colombia S.A. Green Pharma Colombia S.A. will merge into USTC as a wholly owned subsidiary.
Under the terms of this Agreement, the Company will issue 25M common shares to Green Pharma Colombia S.A.
“We are extremely pleased to complete this transaction as the Company advances its position into the cannabidiol (CBD) sector. The Company plans to build sustainable long-term shareholder value as this market continues to grow,” stated by Sabahat Ullah, Director of USTC.
He further added, “the Company has appointed Paula Andrea Victoria Valencia from Green Pharma Colombia S.A. to its Board. She’s a professional in Business Administration with emphasis in Banking and Finance from the Pontificia Universidad Javeriana, with more than 15 years of experience in the planning, organization, direction and control of organizational administrative processes in the areas of finance, treasury, payroll and human management, different economic sectors through labor linkage in companies such as AVIANCA SA and Finesa Seguros Ltda.”
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