8-K: The Grilled Cheese Truck Inc. Buys a Dispensary (Urban Pharms)

Vertical integration is a huge part of the emerging legal cannabis landscape. I recently found an example of attempted horizontal integration in public filings, and it's hilarious!

Grilled Cheese Truck Inc. 8-K: 

On May 25, 2016, the Company entered into a material definitive agreement with Urban Pharms, LLC, DJ&S, LLC and DJ&S Property #1, LLC (collectively, “Urban Pharms”), which operates a medicinal cannabis business, and all of Urban Pharms’ members, whereby the Company agreed to acquire 100% of the ownership interests in Urban Pharms for 12,000,000 newly issued shares of the Company’s common stock, to be distributed pro rata to the Urban Pharms members. The exchange is set to close by June 24, 2016, pending due diligence investigations.

And I'll leave it at that.

Disclosure: I have no economic interest in any company mentioned in this post.