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Two Rivers Water & Farming sets new closing date for Vaxa Global acquisition

Real estate company Two Rivers Water & Farming Co. agreed to push back the closing date for its proposed acquisition of Vaxa Global LLC from Easby Land & Cattle Co. LLC to on or before July 31 from on or before April 15.

Under the terms of a February deal, Two Rivers agreed to issue to Easby 30.0 million shares of its common stock, with an earn-out arrangement for up to 20.0 million additional shares. Vaxa, in turn, agreed to expand its operations to grow hemp on land owned, and with water supplied, by Two Rivers.

Vaxa fully owns Estrak Labs LLC and Gramz Holdings LLC.