GREY:YSSCF - Post by User
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AHRBullon Jun 14, 2019 7:40am
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YSS Pro Forma Highlights
YSS Pro Forma Highlights - Three operating stores, including two in Calgary and one in Red Deer.
- Eight AGLC-inspected stores including two in Calgary, and one each in High River, Vermilion, Stoney Plain, Lloydminster, Vegreville and Spruce Grove, all of which are anticipated to receive retail cannabis licenses intermittently between late June to October of 2019, in accordance with AGLC’s recent announcement to grant five new retail cannabis licenses per week.
- One Edmonton store expected to be ready for AGLC inspection in the next two weeks.
- Five additional locations including two in each of Calgary and Grand Prairie, and one in Edmonton that will be constructed over the next three months.
- Nine additional secured locations across Alberta that will be prioritized for future construction capital, including the planned Sweet Tree flagship store on 17th Avenue S.W. in downtown Calgary.
“We are thrilled to be joining forces with YSS. Their exceptional management team, experienced board of directors, and strong balance sheet will ensure that the pro forma company will have all the tools needed to be a leading retail cannabis operator,” said Tony Balakas, CEO of Sweet Tree. “We believe we now have a premier portfolio of locations across Alberta and we look forward to opening many more stores in the communities of our home province.”