Ikänik Farms announces final agreement with wholly-owned subsidiary – QNT Press Release

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Corona, California, December 2, 2021 /PRNewswire/-Ikänik Farms, Inc. (CSE:Eckenck) (FSE: DFMA)(“company” or”Ikanic Farm“) is pleased to announce that Firehouse Holdings Inc. (“Fire station“), a wholly-owned subsidiary of the company, has entered into a final agreement (“protocol“) Sell THCA Inc. (“THCA“) Growing Big Era Company (“Bigger“), A sort of California Company for 3,940,000 USD In cash, paid in three installments, the first installment of which is 1,000,000 USD Paid November 26, 2021 (this”trade“).

“Ikänik has streamlined its U.S. assets by divesting a non-operating business, expanding its retail and distribution business domestically, and its vertical indoor planting business in the United States. Colombia, Which supports future growth plans. “The CEO said Brian Baker.

The remaining two payments and completion of the transaction are subject to certain conditions, including obtaining certain regulatory approvals and paying certain outstanding debts of THCA.

About Ikanic Farm

Ikänik Farms, a California-based multinational operator (MNO), inspired by its passion for health, is building a vibrant brand portfolio…

The full story can be found on Benzinga.com

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