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Plus Products completes acquisition of cannabis-infused baked goods producer

Plus Products Inc. completed its previously announced acquisition of GOOD Co-Op Inc., a Sacramento, Calif.-based producer of cannabis-infused baked goods.

Plus Products issued 357,464 subordinate voting shares for the transaction, valuing GOOD Co-Op at about C$2 million. The San Mateo, Calif.-based cannabis edibles brand said 323,451 of the subordinate voting shares are subject to an earn-out against quarterly revenue targets.