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home / news releases / ELLXF - Elixinol to acquire CannaCare Health


ELLXF - Elixinol to acquire CannaCare Health

Elixinol Global (ELLXF) enters agreement for its subsidiary Elixinol B.V. to acquire all of the issued share capital of CannaCare Health.Upfront consideration of €9M consisting of €3M in cash plus €6M in Elixinol shares.Upon attainment of FY2021 revenues of €12.9M and 20% EBITDA, the maximum earn-out of €15.0M is payable in Elixinol shares making a total potential consideration of €24M.Press Release

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Elixinol to acquire CannaCare Health
Stock Information

Company Name: Elixinol Global Ltd
Stock Symbol: ELLXF
Market: OTC

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