Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced approval by its board of directors for the grant of an aggregate of 595,000 restricted share units (“RSUs”) to certain of its employees (“RSU Recipients”) under the company’s equity incentive plan. Per the update, each RSU will carry the right to receive one of the company’s common shares upon vesting, with all RSUs vesting in equal parts each year for a period of three years. The RSUs will be granted to RSU Recipients as a compensation for their services to Green Growth Brands and as an incentive to foster long-term success of the company.
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About Green Growth Brands
Green Growth Brands creates remarkable experiences in cannabis and CBD. Led by CEO Peter Horvath and a leadership team of consumer-focused retail experts, the company’s brands include CAMP, Seventh Sense Botanical Therapy, The+Source, Green Lily, Meri + Jayne, and has a licensing agreement with the Greg Norman Brand. Already boasting strong sales in the cannabis industry, GGB is expanding its cannabis operations throughout the U.S., its CBD presence at ShopSeventhSense.com, in malls across the country and at DSW shoe stores—and that’s just the beginning. For more information, visit the company’s website at www.GreenGrowthBrands.com.
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