Healthier Choices Management Corp. completed the acquisition of Ellwood Thompson's Local Market from Rick Hood for $1.5 million.
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.