Green Bros S.A.S. in an all-stock deal valued at $50,000.
Under the deal, 4Cable will compensate the acquisition with its Series B shares worth around $50,000.
Medellín, Colombia-based Green Bros runs a 3.5 acres property in Guarne, at 7,050 feet above sea level, near José María Córdova International Airport. It is awaiting the GAP and GMP Certifications while currently owning the following four cannabis licenses:
To cultivate non-psychoactive cannabis plants;
To cultivate of psychoactive cannabis plants;
The manufacture and export of cannabis derivatives;
The production and commercialization of cannabis seeds.
4Cable aims to remodel its business into a “fully integrated global cannabis business,” and to commence THC cultivations for its international cannabis sector.