Off-market insider buying at Golden Leaf Holdings (GLH)

Off-market insider buying at Golden Leaf Holdings (:GLH)

Updated Wednesday Sep 04, 2019 02:57 AM EDT
John Varghese, CEO and Director, acquired 26,861,622 Common Shares on a direct ownership basis at a price of $0.060 through a prospectus or prospectus exempt offering on September 3rd, 2019. This represents a $1,611,697 investment into the company's shares and an account share holdings change of greater than 100%.

Jeffrey Brooks Yapp, a Senior Officer and Director, acquired 26,861,622 Common Shares on a direct ownership basis at a price of $0.060 through a prospectus or prospectus exempt offering on the same day. This represents a $1,611,697 investment into the company's shares and an account share holdings change of greater than 100%.

Golden Leaf Holdings is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Golden Leaf Holdings Ltd (GLH) is a Canada-based cannabis oil and solution provider in North America. The Company produces and distributes various types of products, such as cannabis flower and cannabis oils. The Company owns a dispensary through its subsidiary, Left Coast Connections. GLH operates cultivation business through its subsidiary, Greenpoint Oregon, Inc. (GPO). GPO uses over two separate extraction methods for extracting cannabis oil, such as carbon dioxide (CO2) extraction and hydrocarbon extraction. Using CO2 as an extraction solvent, GLH focuses on the extraction process, leaving behind various properties, such as chlorophyll, lipids, waxes and fats from the plant. GPO operates over two hydro-carbon extractors. During extraction, the solvent washes over the plant material and is then purged off from the resulting solution using various techniques and variables, such as heat, vacuum and agitation. Its brands include Golden XTRX, Proper and Left Coast Connection.


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