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Thoughtful Brands Inc.: Thoughtful Brands Announces Binding Letter of Intent for Reverse-Takeover of Franchise Cannabis


Thoughtful Brands Inc.: Thoughtful Brands Announces Binding Letter of Intent for Reverse-Takeover of Franchise Cannabis
Franchise Cannabis, a leading European medical cannabis company, to complete public listing with strategic expansion into other cannabis markets.
Combined company will be well positioned to expand product offerings and distribution channels in the US and Europe.
VANCOUVER, BC / ACCESSWIRE / January 7, 2021 /
Thoughtful Brands Inc
Franchise Cannabis Corp. (
FCC ) are pleased to announce that they have entered into a binding letter of intent (the
Letter of Intent ), dated January 6, 2021, to consummate a going-public transaction for FCC involving the reverse-takeover of TBI (the
Transaction ).
The Transaction will involve the acquisition of all of the outstanding share capital of FCC by TBI, with the resulting Canadian reporting company being listed on the Canadian Securities Exchange (the ....

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