Mr. Stewart was designated for appointment to the Board as the joint designee of Brian Ruden and Naser Joudeh pursuant to the Omnibus Amendment No. 2 to Asset Purchase Agreements, dated December 17, 2020, among the Company and the sellers party thereto (the “Omnibus Amendment”). Between December 17, 2020 and March 2, 2021, the Company’s wholly-owned subsidiary, SBUD LLC, acquired the assets of a number of Star Buds retail dispensaries located in Colorado. The Omnibus Amendment provides that, for as long as the Sellers (as defined in the Omnibus Amendment) and the Members (as defined in the Omnibus Amendment) meet a specified ownership threshold, the Company shall recommend to the Board that Brian Ruden and Naser Joudeh jointly be permitted to designate three directors for appointment to the Board if the Board consists of seven or more members. Currently, Pratap Mukharji, Marc Rubin, and Brad Stewart serve as Messrs. Ruden and Joudeh’s designees on the Board. The Company previously reported the terms of the Omnibus Amendment in the Company’s Current Report on Form 8-K filed on December 23, 2020 and attached a copy of the Omnibus Amendment as Exhibit 2.1 thereto, and such disclosure and exhibit are incorporated by reference herein.
Pratap Mukharji, Marc Rubin still serve as directors on the board.
Currently, Pratap Mukharji, Marc Rubin, and Salim Wahdan serve as Messrs. Ruden and Joudeh's designees on the Board. The Company previously reported the terms of the Omnibus Amendment in the Company's Current Report on Form 8-K filed on December 23, 2020 and attached a copy of the Omnibus Amendment as Exhibit 2.1 thereto, and such disclosure and exhibit are incorporated by reference herein.
Highly qualified replacement Starbuds rep on the board. In and of itself...is that significant? M&A expertise? Hmm. Why did Sal agree to an early term? Why? I'm trying to put a puzzle together...I think some of the common ends are looking like Dominoe ends and as such my solution for point is near.
It gets a bit tiresome reading you pretending to be a rube, Doc. Apparently, we all get that. I'm guessing they tell us before April Fools what the import is. And something else. Perhaps, I only found the tip of a broken spear and as such am waiting patiently as well a like rube for no good reason. Nah.
Cannabis stocks. Self-effacing humor included with every share purchase almost guaranteed.