Citation Growth will change its name to Fiore Cannabis and trade under the ticker symbol "FIOR" on the Canadian Securities Exchange. The CSE will publish a bulletin announcing the effective date of the change and it is anticipated that the common shares will begin trading under the new name on or about Tuesday November 10, 2020.
Erik Anderson, CEO of Fiore, stated: "As the company continues to make great strides in our efforts to evolve the company in line with our vision of 'moving forward,' management and the Board of Directors felt it was prudent to update our corporate identity in relation to our strong branding in the Nevada market. Fiore is an award-winning flower and the crown jewel of the corporation. Our proprietary cultivation methodologies at our North Las Vegas Apex facility maximize the potential for our unique genetic library of organic cannabis strains and produce a retail product that garners a market premium. Being a premium organic producer in one of the biggest markets in the U.S. positions Fiore well for growth into 2021 and beyond. We have installed full spectrum LED lighting from Fluence in the facility and are eagerly looking forward to increasing supply of a highly sought-after product in the Nevada market."
No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged.
For more information:
Fiore Cannabis
fiorecannabis.com