USA REAL ESTATE HOLDING COMPANY COMPLETES ACQUISITION OF GREEN PHARMA COLOMBIA S.A.
October 23 2018 - 6:00AM
InvestorsHub Cannabis NewsWire
USA REAL ESTATE HOLDING
COMPANY COMPLETES ACQUISITION OF GREEN PHARMA COLOMBIA
S.A.
Toronto, ON -- October 23, 2018 --
InvestorsHub NewsWire -- USA Real Estate Holding Company (OTC
PINK: USTC),
a diversified public holding company, announced
today that it has signed the final agreement to acquire Green
Pharma Colombia S.A. Green Pharma Colombia S.A. will merge into
USTC as a wholly owned
subsidiary.
Under the terms of this Agreement, the Company will
issue 25M common shares to Green Pharma Colombia
S.A.
“We are extremely pleased to complete this
transaction as the Company advances its position into the
cannabidiol (CBD) sector. The Company plans to build sustainable
long-term shareholder value as this market continues to grow,”
stated by Sabahat Ullah, Director of
USTC.
He further added, “the Company has appointed Paula
Andrea Victoria Valencia from Green Pharma Colombia S.A. to its
Board. She’s a professional in Business Administration with
emphasis in Banking and Finance from the Pontificia Universidad
Javeriana, with more than 15 years of experience in the planning,
organization, direction and control of organizational
administrative processes in the areas of finance, treasury, payroll
and human management, different economic sectors through labor
linkage in companies such as AVIANCA SA and Finesa Seguros
Ltda.”
About Green Pharma
Colombia:
The company Green Pharma Colombia S.A. is dedicated
to the cultivation
and
extraction of cannabis oil, as well as the
production of tinctures, creams and beauty products (shampoo,
creams for skin relief) with different concentrations of CBD and
THC. The company only grows the best strains with the highest
quality standards, which assures us to be as consistent as possible
from batch to batch in order to produce replicable results for
patients.
For more information visit:
www.pharmagreen.co
About USA
Real Estate Holding Company:
USA Real Estate
Holding Company (OTC PINK: USTC) is a public
holding company that is motivated in expanding its asset &
revenue base through acquisition for the purpose of increasing
shareholder value by diversifying as a multi-faceted Company.
For more information visit: www.usarealesatetholding.com
FORWARD-LOOKING
STATEMENTS:
This press release
includes various "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which
represent the Company's expectations or beliefs concerning future
events. Statements containing expressions such as "believes,"
"anticipates," "intends," or "expects," used in the Company's press
releases and in Disclosure Statements and Reports filed with the
Over the Counter Markets through the OTC Disclosure and News
Service are intended to identify forward-looking statements. All
forward-looking statements involve risks and uncertainties.
Although the Company believes its expectations are based upon
reasonable assumptions within the bounds of its knowledge of its
business and operations, there can be no assurances that actual
results will not differ materially from expected results. The
Company cautions that these and similar statements included in this
report are further qualified by important factors that could cause
actual results to differ materially from those in the
forward-looking statements. Readers are cautioned not to place
undue reliance on forward-looking statements, which speak only as
of the date thereof.
For further
information contact:
Public
Relations
Email: info@usarealestateholding.com
SOURCE: USA Real Estate Holding
Company
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