https://mobile.tmxmoney.com/quote/readnews/?id=8637313969743273&symbol=MJN:PUR
The transaction provides MMJ shareholders with the opportunity to benefit from the significant value currently being realised by TSX-V listed cannabis producers such as Aphria, Canopy and Aurora. The Board has been assessing the merits of obtaining a public listing in Canada for some time, and Top Strike represents a compelling and timely opportunity.
MMJ shareholders will continue to benefit post transaction, from indirect exposure to the rapidly expanding Canadian cannabis market, and near-term revenues generated from increased Satipharm sales through key regulated markets globally.
We are very confident that our strategic market positioning and our capacity to rapidly scale up cannabis production at Duncan will be a major value catalyst for MMJ's shareholders in the near-term, and we look forward to providing further updates in due course."
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1 | 26800 | 0.037 |
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