Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II... see more

GREY:IVITF - Post Discussion

View:
Post by DanielDarden123 on May 23, 2020 3:56pm

Black Box

3. The Petitioners are, subject to obtaining prior written approval from the Monitor and ATB Financial, authorized to enter into arrangements with Alberta Gaming, Liquor and Cannabis (“AGLC”) and Ontario Cannabis Stores (“OCS”) for the purpose of resolving the Petitioners’ outstanding accounts with AGLC and OCS. (Stigma Order)

They were not in the original list of creditors, yet appear to be secured, given that ATB needs to approve. If products needs to be supplied, without payment, cash flow will be hindered. Is there a better solution? Governments can be heavy handed.
Comment by Yowza123 on May 24, 2020 10:16pm
Rather than being secured it seems more likely a formality for ATB to okay the agreement made between Invictus and the govt. cannabis stores. There is a better chance ATB will get their money back on the loan they called in if sales can continue with the stores. It seems a no brainer they would be all for the most lucrative agreement possible that would allow Invictus to retain the best perceived ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities