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Aligning name with Company strategy and product offering
COLUMBUS, OH, Jan. 2, 2019 /CNW/ – Xanthic Biopharma, Inc. (CSE : GGB) (OTCQB : GGBXF) (GGB or the Company) announced today that it is changing its corporate name to Green Growth Brands Inc. The Company had been operating under the trade name “Green Growth Brands” since the November 9, 2018 closing of its reverse take-over of the existing Xanthic entity. The formal name change represents the next step toward GGB’s goal of becoming the premier cannabis and CBD-infused personal-care product retailer in North America.
Peter Horvath, CEO of GGB, stated, “Less than two months after our RTO with Xanthic Biopharma, we are excited to be officially changing our name. ‘Green Growth Brands’ is reflective of the core of our business, creating exceptional experiences for consumers through our emotionally driven brands.”
The new name is effective immediately and will be implemented across the Company. The common shares of the Company will continue to trade on the Canadian Securities Exchange under the stock symbol “GGB” and on the OTCQB under the stock symbol “GGBXF”. The new CUSIP number of the Company’s common shares will be 39305B105 and the new ISIN number will be CA39305B1058.