Demand Brands Inc. (DMAN)

[Captainandy]

#DMAN:#VIRI: 120lbs. Show Me State LLC... SILVERLAND SIGHTED !


120 LBS. FLOWER EVERY 8 WEEKS... WoW cuckoo...!


https://finance.yahoo.com/news/demand-brands-dman-lucky-chief-123000799.html


120 x $300 = $36'000


Show Me State LLC - Cannabis Farm ("Show Me State LLC" https://luckychief.com/lucky-chief-ok/) is a 33-acre working farm with a 5500 sq ft indoor facility ("Farm") producing 120 lbs of exotic indoor flower every 8 weeks. Cloning bays in the Farm produce 2000 clones every 8 to 12 days on 10 acres of outdoor flower cultivation and the Company expects to harvest 45,000 plants this upcoming season. Included in the Transaction is the Show Me State LLC mobile drying and mobile extraction units and related IP.



SANTA MONICA, CA / ACCESSWIRE / June 8, 2021 / Demand Brands, Inc. (OTC Pink:DMAN), ("Company" or "DMAN"), announced today that its wholly owned subsidiary Pacific Technologies Group, Inc., http://www.pacifictechnologiesgroup.com, marketed under the brand "Lucky Chief" http://www.luckychief.com, has entered into a definitive arrangement agreement pursuant to which DMAN will acquire all of the issued and outstanding subordinate voting shares, multiple voting shares and super voting shares of the Show Me State LLC - Cannabis Farm (the 'Transaction').


Show Me State LLC - Cannabis Farm ("Show Me State LLC" https://luckychief.com/lucky-chief-ok/) is a 33-acre working farm with a 5500 sq ft indoor facility ("Farm") producing 120 lbs of exotic indoor flower every 8 weeks. Cloning bays in the Farm produce 2000 clones every 8 to 12 days on 10 acres of outdoor flower cultivation and the Company expects to harvest 45,000 plants this upcoming season. Included in the Transaction is the Show Me State LLC mobile drying and mobile extraction units and related IP.

Upon completion of the Transaction and formal integration the combined business will maintain operations in both California and Oklahoma, comprising 3 cultivation sites and an Oakland processing facility with a total capacity of 150,000 square feet. This will be in addition to the Company's Cannabis Outlet dispensary in Atwater CA, which serves both medicinal and recreational adult cannabis markets.

Key Transaction Highlights and Benefits:

Strong and Growing Multi-State Presence - bolsters Lucky Chief's expansion in US hubs and establishes a Midwest in core markets including Oklahoma, where the use of cannabis was recently legalized for medicinal purposes.

Creates a Profitable US MSO - with combined estimated 2021E Adjusted EBITDA of approximately $50 million with exceptional growth prospects moving forward.

Leverages Expert Operating Teams and Optimal Practices - from both Lucky Chief and Show Me State, enhancing key operational synergies by combining industry knowledge and successful strategies as well as state license application processes expertise.

Increases Scale Across Hub Markets - through vertical integration, the Company looks to become one of the leading U.S. cannabis businesses with retail, extraction, and cultivation operations.

Adds Premium Brands - to Demand Brand's portfolio of in-house brands and national brand partners to promote product lines of Lucky Chief to the Oklahoma market.

Ian Dixon, Chief Executive Officer of DMAN said: 'We believe the synergistic acquisition of the Show Me State businesses will allow us to rapidly scale. Our companies share similar customer values with a focus on core market sectors. The combination of Oklahoma and California offers us an opportunity to leverage our respective foundations as Show Me State LLC has an established presence giving us immediate entry into the medicinal space within Oklahoma."

https://finance.yahoo.com/news/demand-brands-dman-lucky-chief-123000799.html