|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3200 - 0.3350|
|52 Week Range||0.0800 - 0.7350|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||3.08|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The appointment of Sandro Piancone to the Two Rivers management team will be effective after the closing of the acquisition of UST, not immediately, as the prior release implied. The UST acquisition is currently at the due diligence stage and has not closed.
Sandro Piancone comes to Two Rivers with decades of experience in the international consumer goods industry with expertise in global sales, marketing, logistics, and distribution. Through this appointment, Piancone will be responsible for overseeing the various day-to-day operations of Two Rivers and its newly acquired subsidiaries.
DENVER, CO, Aug. 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Two Rivers Water & Farming Company (“Two Rivers” or the “Company”) (TURV), a strategic company that acquires, manages and develops the infrastructure of southeastern Colorado’s water delivery, announced today that the Company has signed a letter of intent (LOI) to acquire 100 percent of the assets of UST Mexico, Inc and its subsidiaries Hempacco Co, Inc and US Tobacco de Mexico, SA de CV (together referred to as the Seller). The acquisition will enable Two Rivers to distribute products derived from its internal farm operations.
This decision is part of Two Rivers’ overall effort to expand focus on its media coverage and increase awareness of the Company’s hemp seed-to-sale strategy following its recent acquisition of Vaxa Global. CMW Media will develop the Company’s ongoing efforts to strengthen its relationships with investors and stakeholders, as well as enhance transparency through regular media coverage.
Two Rivers Water & Farming Company (“Two Rivers” OTCQB: TURV) is pleased to announce on July 31, 2019 Two Rivers purchased three hemp-focused businesses. This acquisition enables Two Rivers to use its water assets with associated land to grow, cultivate, process and sell hemp-based products. The Combined Companies are first focused on Two Rivers’ irrigated farmland in Huerfano County, Colorado.
Two Rivers Water & Farming Company (“Two Rivers” OTCQB: TURV) is pleased to announce that it has reached a settlement with the State of Colorado (the “State”) over demolition and access work associated with Cucharas #5 Dam and Reservoir (“Cucharas #5”) performed by the State. Two Rivers maintains water rights associated with the site for Cucharas #5. The settlement requires Two Rivers to pay the State, and related governmental entities, a total of $922,427, plus interest over a 36-month period.
Vaxa Global, LLC. announced that it has entered into a farm management agreement with Monteverde Partners LLC to farm and manage industrial hemp production on 158 acres on Two Rivers Water and Farming Company’s (TURV) Butte Valley Farm in Walsenburg, Colorado. The agreement will pave the way for expanded production in 2020 for over 1000 additional acres of rich farmland in Southern Colorado owned by Two Rivers.
Ekstrak Labs LLC and Gramz Holdings, LLC (together referred to as “Merged Companies”), from the owner of the Merged Companies, EASBY Land & Cattle Company, LLC. The previously announced acquisitions of the Merged Companies are on track for a single closing. The Merged Companies will reposition the Two Rivers strategically to pursue the seed to sale hemp farming, CBD extraction and consumer products business with immediate impact during 2019.
Two Rivers Water & Farming Company (“Two Rivers” OTCQB: TURV) on May 24, 2019 entered into an agreement (“Agreement”) with two accredited investors (“Note Holders”) to provide a net of $480,000 in short term working capital. The debt is convertible at a per common stock price of 60% multiplied by the trailing market price of Two Rivers’ common shares (representing a discount rate of 40%).
Two Rivers Water & Farming Company (“Two Rivers” OTCQB: TURV) on February 21, 2019 entered into an agreement (“Agreement”) to purchase three hemp-focused businesses. A posting of this amendment will be filed in Form 8-K with the United States Securities and Exchange Commission. “Both parties are working diligently to gather all required documents including working with the Acquired Companies in their audit process,” commented Wayne Harding the CEO of Two Rivers.
Planning underway with three acquisitions for growing hemp on land owned and water supplied by Two Rivers, along with processing and selling hemp-based products DENVER,.
Two Rivers Water & Farming Company (“Two Rivers” OTCQB: TURV) is pleased to announce that it has appointed three new board members to replace resigned board members. “I’m excited with our new board,” commented Wayne Harding, Chief Executive Officer of Two Rivers. Mr. Downs, 65, in the past 23 years has been a water broker and also has appraised water rights for a variety of cities, banks and estates.