Green Growth Brands Inc

Green Growth Brands Inc

Green Growth Brands brings together a collection of retailers, scientists, botanists, developers, artists and business leaders. All experts in our fields. All with years of hands-on experience. Together, we bring a wealth of experience to product manufacturing and packaging, creating retail opportunities in stores and digital, with top-notch store training and distribution, all at speed and scale.
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Green Growth Brands Inc News

7 hours ago

Green Growth Brands to Hold Third Quarter Fiscal 2019 Earnings Conference Call on May 30, 2019

COLUMBUS, OH, May 23, 2019 /PRNewswire/ - Green Growth Brands Inc. (GGB or the Company) (GGB.CN) (GGBXF) today announced it will report results for the third quarter fiscal 2019, which ended March 31,...

1 day ago

Green Growth Brands Announces Grant of Deferred Share Units and Common Shares to Strategic Consultant

COLUMBUS, OH, May 22, 2019 /CNW/ - Green Growth Brands, Inc. (GGB.CN) (GGBXF) ("GGB" or the "Company") is pleased to announce the grant of an aggregate of 212,636 deferred share units (the "DSUs") under...

17 May

Green Growth Brands Announces the Closing of Second Nevada Cultivation Facility

COLUMBUS, OH, May 17, 2019 /CNW/ - Green Growth Brands, Inc. (GGB.CN) (GGBXF) ("GGB" or "the Company") is pleased to announce the completion yesterday, May 16, 2019 , of its previously announced acquisition...

17 May

Green Growth Brands Completes C$61.2 Million Financing Led By Strategic Investors

COLUMBUS, OH, May 17, 2019 /CNW/ - Green Growth Brands, Inc. (GGB.CN) (GGBXF) ("GGB" or the "Company") is pleased to announce that it has raised gross proceeds of US$45.5 million (C$61,233,100) pursuant...

16 May

Sarah Ketterer's Top 5 New Buys

Causeway Capital Management leader Sarah Ketterer (Trades, Portfolio) revealed 10 new positions when she released her first-quarter portfolio earlier this week. Warning! GuruFocus has detected 7 Warning...

16 May

Disposition of Securities of Green Growth Brands Inc.

Toronto, Ontario--(Newsfile Corp. - May 16, 2019) - On May 16, 2019, GA Opportunities Corp. ("GAOC") completed the disposition of (the "Repurchase Transaction") 27,300,000 common shares...

16 May

Green Growth Brands Completes 27.3 Million Share Buyback and Cancels 13% of Outstanding Shares

COLUMBUS, May 16, 2019 /CNW/ - Green Growth Brands, Inc. (GGB.CN) (GGBXF) ("GGB" or the "Company") is pleased to announce that it has completed the repurchase (the "Repurchase Transaction") and cancellation...

09 May

Edited Transcript of GGBR4.SA earnings conference call or presentation 8-May-19 5:00pm GMT

Q1 2019 Gerdau SA Earnings Call

09 May

Gerdau SA (GGB) CEO Gustavo Werneck on Q1 2019 Results - Earnings Call Transcript

Gerdau SA (GGB) Q1 2019 Earnings Conference Call May 08, 2019, 13:00 ET Company Participants Gustavo Werneck - CEO Harley Scardoelli - EVP, CFO & IR Officer Conference Call Participants...

08 May

Gerdau S.A. 2019 Q1 - Results - Earnings Call Slides

The following slide deck was published by Gerdau S.A. in conjunction with their 2019 Q1 earnings Read more …

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About Green Growth Brands Inc

"Be one with nature. Find your center. Meet your tribe. This is CAMP: A store for the cannabis community to find premium products that support and enhance your active lifestyle. It’s more than a place to gather, it’s a movement, a way of being. Start your journey to self-discovery with a visit to CAMP and discover your new happy place".

The founding partners behind Green Growth Brands (GGB) have created some of the best consumer brands in the world. The Schottenstein family has led America’s largest retailers such as America Eagle, Designer Shoe Warehouse, and Value City Furniture. Through a number of strategic acquisitions, Green Growth Brands’ mission is to become the leader in Cannabis retailing.

The company has already developed a strong portfolio of cannabis brands who are active in the industry today such as CAMP, Seventh Sense, Mari+Jayne, Green Lily, The Source, 8/Fold and Xanthic Biopharma. GGB is built on a foundation of retail industry experts which support two business segments of cannabis retail and CBD consumer products. With initial focus on expanding the recreational market of Nevada with multiple retail license opportunities, the company also recognizes that CBD consumer products is a nascent market with tremendous potential for brand equity.

Creating Leading Cannabis Brands

With Nevada being the initial market targeted by GGB followed by Massachusetts, Florida, Michigan, Pennsylvania, and New Jersey. Green Growth Brands seek to acquire companies with attractive assets and acquire new licenses. The company intends to drive brand awareness through world class retail experiences starting in Nevada through multiple retail locations.

Green Growth Brands focuses on the medicinal and recreational use of Cannabis and CBD in both the United States and Canada, bringing fresh but seasoned eyes, integrated retail expertise, systems and sensibilities to this rapidly emerging market. Using its network of traditional retailers, the company will create a leading CBD Consumer Products business with beauty, personal care, and wellness products across several exciting new brands.

The Schottenstein family has led some of America’s largest retailers With a strong track record of creating industry leading brands that have performed in the top 5% of an competitive retail industry, and a proven operator of 1000’s of retail operations across North America in multiple industries, the GGB founding partners and management team has the most retail experience compared to any other cannabis company in the world.

Features Green Growth Brands Inc

Highlights
  • Developed a line of innovative, CBD-based health and beauty products, leveraging the GGB management team’s significant experience in the health and beauty products industry
  • Retail cannabis store “The Source” in Las Vegas, Nevada sees on average of 1,000 transactions per day
  • Own a license for three Massachusetts dispensaries
  • Awarded seven additional Nevada licenses
Differentiators
  • GGB’s operations are led by renowned retailer Peter Horvath, former executive at a number of national brands, including Victoria’s Secret, American Eagle Outfitters, DSW and Limited Brands
  • The company’s retail partners provide distribution opportunities in over 4,000 stores, as well as robust and established digital platforms
  • As a result of combining businesses with Xanthic, GGB will be able to develop unique intellectual property that makes CBD and THC, the two key active ingredients in cannabis, water-soluble
  • Store branding based on specific neighborhood and location
  • Brand portfolio including Camp, Meri + Jayne, Seventh Sense, and Green Lily
Growth Strategy
  • The company is targeting rapid expansion throughout North America and is actively pursuing opportunities in a number of states and provinces
  • GGB is focused on the expansion of the Nevada market by acquiring established and successful business and undeveloped licenses
  • Plans for 37 stores by the end of 2021
  • Plans to open 450 CBD kiosks in mall locations
  • Focus on generating revenue through e-commerce
  • Creating retail partnerships to sell CBD products

Team

Peter Horvath
CEO
Scott Razek
CMO
Ed Kistner
CAO
Kellie Wurtzman
cso

Participation in events

$ 2.95
-3.98%
Open:
3.02
High:
3.09
Low:
2.85
Share volume:
398.41 K
Total value:
1.176 M
Market cap:
537.271 M
Symbol:
GGBXF