July 3 (Reuters) - Orchid Ventures Inc ORCD.CD :
* MULTI-STATE CANNABIS BRAND ORCHID VENTURES SIGNS A DEFINITIVE AGREEMENT TO ACQUIRE ASSETS OF GREENBLOOM CANNABIS CO.
* ORCHID VENTURES INC - WILL PAY $10 MILLION TO BE PAID OUT OVER NEXT 12 MONTHS, AND ISSUE 50 MILLION COMMON SHARES AT C$0.50 PER SHARE