Healthier Choices Management Corp. (OTCPK:HCMC) acquired Green's Natural Foods, Inc. on October 14, 2022.

Healthier Choices Management Corp. (OTCPK:HCMC) completed the acquisition of Green's Natural Foods, Inc. for $9.3 million on October 14, 2022. The purchase price under the Purchase Agreement is approximately $8.142 million of which $3 million is in the form of a promissory note. In addition, the seller is entitled to a contingent earn-out based on certain revenue threshold within the one year period of the closing. The purchase price is subject to final inventory adjustment. Healthier Choices recorded $1.108 million of contingent consideration based on the estimated financial performance for the one year following closing.