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MarketScreener Homepage  >  Equities  >  CANADIAN NATIONAL STOCK EXCHANGE  >  Green Growth Brands Inc    GGB   CA39305B1058

GREEN GROWTH BRANDS INC

(GGB)
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Delayed Quote. Delayed CANADIAN NATIONAL STOCK EXCHANGE - 09/20 03:59:01 pm
1.54 CAD   -3.75%
09/16GREEN GROWTH BRANDS : Announces Resignation of Board Membe
AQ
09/05GREEN GROWTH BRANDS : Completes Private Placement of Units
AQ
08/28GREEN GROWTH BRANDS : Completes Acquisition of Second The+Source Location
AQ
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Green Growth Brands Inc. Featured in CannabisNewsWire Publication Discussing Mainstream Retailers Making Room for CBD

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07/17/2019 | 08:31am EDT

NEW YORK, July 17, 2019 (GLOBE NEWSWIRE) -- via CannabisNewsWire – Green Growth Brands (CSE:GGB) (OTC:GGBXF) today announces its placement in an editorial published by CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company for private and public entities in the cannabis industry.

To view the full publication, titled “Waves of CBD Beauty Products Filling Shelves of Major Retailers Across the US,” please visit: http://cnw.fm/6vjFQ.

The bond between retailers and CBD producers seems to be growing stronger by the month, ushered forward by bridge builders such as Green Growth Brands (CSE:GGB) (OTC:GGBXF), whose management team’s CVs read like that of a mall directory, including executive-level experience with major brands such as American Eagle Outfitters, Abercrombie & Fitch, Bath & Body Works, Victoria’s Secret, DSW, Luxottica and Virgin Entertainment.

These relationships have already resulted in GGB inking a series of deals with major retailers, most recently with American Eagle Outfitters. Starting in October 2019, the clothing retailer will be carrying GGB’s hemp-derived, CBD-infused personal care products in almost 500 physical stores as well as on the company website. These products — which include lotions, muscle balms and aromatherapy items — were developed exclusively for American Eagle.

About Green Growth Brands Inc.

Green Growth Brands creates remarkable experiences in cannabis and CBD. Led by CEO Peter Horvath and a leadership team of consumer-focused retail experts, the company’s brands include CAMP, Seventh Sense Botanical Therapy, The+ Source, Green Lily and Meri + Jayne. The company also has a licensing agreement with the Greg Norman(TM) Brand to develop a line of CBD-infused personal care products designed for active wellness. Already driving the strongest sales per square feet in the cannabis industry, GGB is expanding its cannabis operations throughout the United States, its CBD presence at ShopSeventhSense.com, and in malls across the country and at DSW shoe stores — and that’s just the beginning. For more information, visit the company’s website at www.GreenGrowthBrands.com.

About CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Forward-Looking Statements


This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications:

CannabisNewsWire (CNW)
Denver, Colorado 
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com


© GlobeNewswire 2019
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Financials (USD)
Sales 2018 -
EBIT 2018 -
Net income 2018 -
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 -8,66x
Capi. / Sales2018 -
Capi. / Sales2019 8,78x
Capitalization 239 M
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 4,50  $
Last Close Price 1,16  $
Spread / Highest target 331%
Spread / Average Target 288%
Spread / Lowest Target 245%
EPS Revisions
Managers
NameTitle
Peter Z. Horvath Chief Executive Officer
Brian P. Logan Chief Financial Officer
Kellie Wurtzman Chief Scientific Officer
Julia Fulton Head-Investor & Public Relations
Scott Razek Chief Marketing Officer
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