Healthier Choices Management Corp. (OTCPK:HCMC) agreed to acquire Ellwood Thompson's Local Market from Rick Hood on September 28, 2023. Post acquisition, the staff of 91 employees at Ellwood Thompson's will not change much. The new owners will evaluate the staff, and local employees will have the opportunity to take larger, regional positions. Rick Hood will retire post acquisition. The deal did not include the real estate.

Healthier Choices Management Corp. (OTCPK:HCMC) completed the acquisition of Ellwood Thompson's Local Market from Rick Hood for $1.5 million on October 1, 2023. The purchase price under the Purchase Agreement is approximately $1,500,000, of which $750,000 is in the form of a promissory note. The Company will assume all lease obligations for the Store. As per filling of March 27, 2024, the total purchase consideration is 1.468 million.