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WeedMD acquiring Starseed for C$78M

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Alongside its Q3 earnings report, WeedMD (OTCPK:WDDMF) says it has a definitive deal to acquire Starseed Holdings.

It will acquire the medically focused Starseed in an all-stock deal valued at C$78M.

Starseed’s strategic investor, the Labourers’ Pension Fund of Central and Eastern Canada, will make a C$25M equity investment directly into WeedMD as part of the deal.

Source: M A News on Seeking Alpha