Wednesday, April 07, 2021 9:23:19 AM
This will add over $2 million in revenue to the company, plus Diamond Creek has been net profitable. I love that this company keeps growing, and doing it in related fields and not scattered all over the place.
They also do it as they can afford it, without adding craqzy debt to the books. This is a good buy. I expect yet another POP from GHMP on this acquisition news and moreso over time as we continue to grow this company. Good news for us!!
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On April 1, 2021, Good Hemp, Inc., a Nevada corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “MIPA”) with Kenneth M. Morgan, Blue Water & Rooster, Inc., and Creekside Springs, LLC (collectively the “Sellers”), pursuant to which the Company agreed to purchase (the “Acquisition”) all of the membership interests of Diamond Creek Group, LLC, a North Carolina limited liability company (“Diamond Creek”)
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