BC Craft Supply Co. Ltd. Acquires Olympic View Botanicals Ltd.
December 2, 2020
BC Craft Supply Co. Ltd. (CSE: CRFT) has acquired a 100% interest in Olympic View Botanicals Ltd., a Vancouver Island-based micro cannabis cultivator that is building an indoor micro-cultivation facility and applying for a Health Canada Micro Cultivation License. The acquisition adds genetics and processing capacity to BC Craft's supply chain via an existing processing agreement between OVB and Sitka Weed Works Inc.; consideration was paid in BC Craft common shares.
- Buyers
- BC Craft Supply Co. Ltd.
- Targets
- Olympic View Botanicals Ltd.
- Sellers
- Vendors of Olympic View Botanicals Ltd.
- Industry
- Agriculture
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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