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Last Trade
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Last Trade:
$0.18
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Change:
-0.016 (-8.00%)
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Trade Time:
09:30 AM EST
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Market Cap:
$3.98M
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Description of Business
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Acacia Diversified Holdings, Inc. ("we", "us", the "Company", or the "Parent
Company") was incorporated in Texas on October 1, 1984 as Gibbs Construction,
Inc. ("Gibbs"). The Company changed its name from Gibbs Construction, Inc. to
Acacia Automotive, Inc. effective February 20, 2007. On October 18, 2012, the
Company changed its name from Acacia Automotive, Inc. to Acacia Diversified
Holdings, Inc. in an effort to exemplify the Company's desire to expand into
alternative industries as well as more diversified service and product
offerings.
On January 15, 2016, the Company acquired the assets and businesses of the MariJ
Group of companies that included MariJ Agricultural, JR Cannabis Industries, LLC
and Canna-Cures Research & Development Center, LLC. The transaction has an
effective date of January 4, 2016. On January 19, 2016 the Company filed a
Current Report on Form 8-K announcing the acquisition.
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