Christina Lake Cannabis has signed an agreement to acquire outdoor cultivation facilities in Southern British Columbia, related harvesting and manufacturing equipment, and approximately 19,000 kg. of biomass for a total purchase price of $3,000,000 from a private BC corporation. The Transaction is expected to close on February 9, 2024.
With this acquisition, the Company will expand its licensed outdoor cultivation footprint by approximately 100 acres. The first crop of propriety CLC strains will be planted in the spring of 2024.
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Christina Lake Cannabis