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Ecgi Closes Acquisition Of East West Pharma Group Onboarding Experienced Team And High-Volume State-Of-The-Art Extraction Equipment

PRIVATEJun 01, 2023

Acquiring Company

ECGI

Acquired Company

East West Pharma Group

IndiaAgriculture and FarmingCannabis

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 closing of the Company's acquisition of East West Pharma Group, Inc. ("EWPG"), a Wyoming corporation with specialized equipment and experienced personnel, including leaders in the cannabinoid extraction and product manufacturing space.

Quick answer

ECGI is acquiring East West Pharma Group, announced June 1, 2023.

How much did ECGI pay for East West Pharma Group?
The deal value was not disclosed.
What does ECGI do?
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,..
Where are ECGI and East West Pharma Group based?
East West Pharma Group is based in India.

Source: Fundz verified event record.

Other recent acquisitions in Agriculture and Farming and Cannabis

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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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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Frequently asked

Who acquired East West Pharma Group?

East West Pharma Group was acquired by ECGI. The deal was reported on June 1, 2023. ECGI is privately held and operates in Agriculture and Farming.

When did ECGI acquire East West Pharma Group?

ECGI's acquisition of East West Pharma Group was reported on June 1, 2023. ECGI HOLDINGS INC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does East West Pharma Group do?

East West Pharma Group is the company acquired in this transaction. It is privately held, and is based in India.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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