Ecgi Announces Fully Executed Loi Toward Acquisition Of East West Pharma Group

Feb 08, 2023•over 2 years ago

Acquiring Company

ECGI

Acquired Company

East West Pharma Group

CannabisAgriculture and Farming

Description

ECGI HOLDINGS INC. (OTC: ECGI) (ECGI or the Company), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, is pleased to announce the signing of a Letter of Intent (the "LOI") between East West Pharma Group, Inc. ("EWPG"), a Wyoming corporation, and ECGI outlining the terms under which ECGI will acquire the key personnel, intellectual property, and current and future business operations of EWPG.

Company Information

Company

ECGI

About

ECGI Holdings, which plans to operate as Elite Cannabis Group, is reorganizing as an acquisition-oriented corporation with California-based targets including undercapitalized and distressed licensed cannabis assets, properties zoned for cannabis cultivation and processing, and cannabis companies operating in market sectors with nationwide expansion possibilities.

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High M&A Activity

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