Cannabis
Delta 9 Receives Conditional Approval to List on TSX
DELTA 9 CANNABIS INC. (TSX-V: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”) is pleased to announce that is has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (“TSXV”) and list its common shares (the “Common Shares”), Common Share purchase warrants expiring December 28, 2019 (the “2017 Warrants”), Common Share purchase warrants expiring July 17, 2022 (the “2019 Warrants”) and 8.5% unsecured convertible debentures (the “Debentures”) on the TSX.
“We are very excited to be in the final stages of qualifying to be up listed to the TSX. This is a major milestone in our strategic growth plan and for our shareholders,” said John Arbuthnot, Chief Executive Officer of Delta 9. “This eventual listing on the TSX will help to increase trading liquidity, provide access a growing investor base interested in the cannabis industry, and raise capital for further investments.”
Final approval of the listing is subject to the Company meeting certain standard requirements of the TSX on or before November 5, 2019. The Company expects to satisfy all of the requirements and will make a further announcement once the TSX has issued a bulletin confirming the date on which trading on the TSX will commence. Upon completion of the final listing requirements, the Common Shares, 2017 Warrants, 2019 Warrants and Debentures will be delisted from the TSXV and begin trading on the TSX under the symbols, “DN”, “DN.WT”, “DN.WT.A” and “DN.DB”, respectively.
“As one of Canada’s only vertically integrated cannabis companies, we are excited about the opportunities in this rapidly growing market to drive shareholder value and continue Delta 9’s success story. The TSX is the premier listings destination and this achievement highlights the strength of our experienced management and team, our commitment to growing shareholder value,” said John Arbuthnot, Chief Executive Officer of Delta 9.
SOURCE Delta 9 Cannabis Inc.
Cannabis
Sannabis, Inc. (OTC: USPS) Unveils Innovative NO LICK! Terpene Spray for Cannabis Products to Enhance CBD and THC to Achieve the Entourage Effect
Cannabis
Cannabis Concentrate Market to Cross US$2.4 Billion by 2030 amid Rising Medical and Recreational Demand
Cannabis
Right on Brands Announces Major Product Line Expansion via HONEY® Brands
-
StickIt2 weeks ago
StickIt Technologies Inc. Announces Year-End 2023 Financial Results
-
Cannabis1 week ago
Hemp, Inc. Welcomes USDA Approval of GMO Hemp Strain – A Step Forward in Cannabis Biotechnology
-
Cannabis1 week ago
Right On Brands, Inc. Continues Rollout, Announces 13th Store Opening
-
Cannabis1 week ago
IM Cannabis and Flora Growth Partner to Bring Vessel Cannabis Accessories to the Israeli Market
-
Cannabis1 week ago
Avicanna Announces Completion of Topical Gel Observational Real-World Evidence Study
-
Cannabis1 week ago
Geopulse Exploration, Inc. Acquires 50% of ATC Services
-
Cannabis2 weeks ago
Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results
-
transfer3 days ago
IMC to transfer its Oranim Pharmacy shares back to the seller