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Alternate Health to Acquire Kare MMJ, Operators of Bionic Bee, California's Premiere Brand of Flavoured Cannabis Extracts
Alternate Health to Acquire Kare MMJ, Operators of Bionic Bee, California's Premiere Brand of Flavoured Cannabis Extracts.
About this update from Alternate Health Corp
[{"type":"text","content":"\n\n\n\nAlternate Health to Acquire Kare MMJ, Operators of Bionic Bee, California's Premiere Brand of Flavoured Cannabis Extracts\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbtb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\nAlternate Health to Acquire Kare MMJ, Operators of Bionic Bee, California's Premiere Brand of Flavoured Cannabis Extracts\nCanada NewsWire\nTORONTO, Nov. 20, 2018\n\n\n\nTORONTO, Nov. 20, 2018 /CNW/ - Alternate Health Corp., (\"Alternate Health\" or the \"Company\") (CSE:AHG) (OTCQB:AHGIF), an international leader in technology solutions for the regulated cannabis industry, announced that it has today signed an agreement to acquire a majority stake in California cannabis company Kare MMJ. As part of the agreement, Alternate Health will also acquire Bionic Bee, California's premiere flavoured cannabis extract manufacturer. \n\n \n \n\n \nThe acquisition will give the Company immediate exposure to California's value-added cannabis market, with Kare MMJ's 5,000 square foot extraction facility in the Greater Los Angeles area. Located in Sun Valley, part of Greater Los Angeles's San Fernando Valley, Kare MMJ has operated as a not-for-profit under California's collective medical marijuana regulations and is currently in the final stages of converting to a for-profit company and obtaining its state cannabis license. Alternate Health expects to begin wholesale and retail sales of its products under California's new adult-use regulations by late January 2019.\n\"With Alternate Health's recent acquisition of dis...