Tag : Plan

CCT Impact

Sundial Growers and Alcanna Inc. Announce the Agreement to Revised Consideration Under the Proposed Plan of Arrangement

CCT IMPACT Agent
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial“) and Alcanna Inc. (TSX: CLIQ) (“Alcanna“) announce that Sundial has agreed to improve the consideration to be provided to Alcanna shareholders (the “Alcanna Shareholders“) for their common shares of Alcanna (each, an “Alcanna Share“) pursuant to the previously announced plan of arrangement under the Canada Business Corporations......
CCT Impact

Sundial Growers Reiterates Commitment to the Transaction with Alcanna and Announces ISS Support for Plan of Arrangement

CCT IMPACT Agent
Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company“) is issuing this press release to reiterate its commitment to the proposed plan of arrangement (the “Arrangement“) with Alcanna Inc. (TSX: CLIQ) (“Alcanna“) as previously announced on October 7, 2021. SUNDIAL’S COMMITMENT TO THE CONSIDERATION OFFERED FOR THE ARRANGEMENT AND ISS RECOMMENDATION Sundial......
CCT Impact

Canopy Growth Announces Plan to Acquire Wana Brands, the #1 Cannabis Edibles Brand in North America

CCT IMPACT Agent
Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC) and Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, “Wana” and each, a “Wana Entity”) are pleased to announce that they have entered into definitive agreements (the “Agreements”) providing Canopy Growth with the right,......
CCT Impact

CannTrust Announces Court Approval of Plan of Compromise, Arrangement and Reorganization

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CannTrust Holdings Inc. (“CannTrust” or the “Company”) (unlisted) announced today that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization dated July 7, 2021 (the “CCAA Plan”) was sanctioned by the Ontario Superior Court of Justice (the “Court”) in connection with the Company’s restructuring proceedings under the Companies’ Creditors Arrangement Act (the......
CCT Impact

PAOG 2021 CBD Nutraceuticals Sales Plan Preview This Friday To Include ALKM and USMJ Partnership Highlights

CCT IMPACT Agent
PAO Group, Inc. (USOTC: PAOG) today highlighted that the upcoming CBD Nutraceutical Sales Rollout Presentation scheduled for tomorrow, Friday, May 7, 2021, will feature the roles Alkame Holdings, Inc. (USOTC: ALKM) and North American Cannabis Holdings, Inc. (USOTC: USMJ) play in the CBD Nutraceutical Rollout. Last year, PAOG acquired RespRx from......
CCT Impact

Canopy Growth Announces Closing of Plan of Arrangement Involving RIV Capital

CCT IMPACT Agent
Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED) (NASDAQ: CGC) announces that it has closed the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) involving Canopy Growth, RIV Capital Inc. (formerly Canopy Rivers Inc.) (“RIV Capital”) (TSX: RIV) (OTC: CNPOF) and its wholly-owned subsidiary, RIV Capital Corporation (formerly Canopy......
CCT Impact

RIV Capital Closes Plan of Arrangement Involving Canopy Growth, Paving Way for Entry Into U.S. Market

CCT IMPACT Agent
RIV Capital Inc. (formerly Canopy Rivers Inc.) (“RIV Capital” or the “Company“) (TSX: RIV) (OTC: CNPOF)  is pleased to announce the completion of the previously announced plan of arrangement (the “Arrangement“) involving Canopy Growth Corporation (“Canopy Growth“) (TSX: WEED) (NASDAQ: CGC). Pursuant to the Arrangement, RIV Capital, through its wholly-owned subsidiary,......
CCT Impact

Cansortium Continues the Successful Execution of its Operating Plan Exceeds 2020 Florida Revenue Forecast Successfully Harvests and Commences Sale of Michigan Crop – Cansortium Further Solidifies its Leadership Team Hires Patricia Fonseca as Chief Financial Officer

CCT IMPACT Agent
Cansortium Inc. (“Cansortium” or the “Company”) (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated provider of premium-quality medical cannabis operating under the Fluent™ brand, announced that it has exceeded its previously stated year-end 2020 Florida revenue guidance by $1.9 million. The Company reported Florida revenues, which account for 88% of its consolidated revenues, of $13.4 million for Q4......
CCT Impact

Canopy Growth Announces Plan of Arrangement with Canopy Rivers

CCT IMPACT Agent
Canopy Growth to receive exchangeable shares, warrants and debt in TerrAscend, increasing its direct conditional ownership in TerrAscend from approximately 13%1 to approximately 21% of the issued and outstanding shares on a fully-diluted basis Canopy Growth to increase ownership in Vert Mirabel from approximately 41% to approximately 67% In exchange, Canopy......
CCT Impact

Khiron Announces Shareholder Approval of Amended and Restated Option Plan and Restricted Share Unit Plan, and Grants of RSUs

CCT IMPACT Agent
Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN), (OTCQX: KHRNF), (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announces the adoption of the Company’s amended and restated stock option plan and the Company’s amended and restated restricted share unit plan (together, the “Share Compensation Plans”).  The......