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Ann: MMJ Core Cannabis Brands to List on TSX-V via RTO-MMJ.AX, page-3

  1. 36 Posts.
    Oh ssshooot - this is gonna blow up!!!
  2. 25 Posts.
    MMJ TO UNLOCK SIGNIFICANT VALUE WITH LISTING OF CORE CANNABIS BRANDS ON TSX-V

    Highlights:

    •  Strategic spin out of Canadian subsidiary United Greeneries and Swiss subsidiary Satipharm by way of a reverse takeover of the TSX-V listed entity Top Strike Resources (TSX-V; TSR)

    •  TSX-V listing of core cannabis subsidiaries will provide MMJ shareholders with exposure to rapidly expanding Canadian cannabis market

    •  Top Strike to pay C$2.5M in cash and C$37.5M in shares to MMJ

    •  MMJ management to be responsible for operations of the resulting TSX-V

      listed company

    •  Direct market comparisons to Canadian peer companies expected to unlock significant near-term shareholder value

    •  Top Strike to become a large-scale cannabis producer targeting supply to the Canadian medical and recreational market, which is estimated to be an C$8b market by 2024

    •  Black Spruce Merchant Capital to act as lead manager for the transaction providing extensive relationships into Canadian capital markets
 
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