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Thursday, May 06, 2021 11:19:07 AM
Grapefruit’s management was recently informed by the Canadian Partner that it has duly noticed and set a shareholder’s meeting for early April 2021 and immediately thereafter will enter into negotiations to finalize the terms of the joint venture, under the terms of which the Canadian Partner could have certain exclusive rights to manufacture and sell Grapefruit’s Hourglass products on both First Nation’s Lands and throughout Canada. Negotiations will also include the potential acquisition transaction between the Canadian Partner and Grapefruit.
BTW Joint venture can mean a whole lotta things!
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