GREY:PRCNF - Post by User
Comment by
lifegoesonon Nov 18, 2018 8:59am
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Post# 28990929
RE:RE:RE:RE:RE:RE:Sales license is due today. As per date of inspection!
RE:RE:RE:RE:RE:RE:Sales license is due today. As per date of inspection!cvk... Pure Global cancels LOI with Avicanna as per Press Release.... 2018-10-24 02:01 ET - News Release Mr. Stephen Pynn reports
PURE GLOBAL ANNOUNCES TERMINATION OF LETTER OF INTENT
Pure Global Cannabis Inc. has terminated its previously announced letter of intent with Avicanna Inc. In accordance with the terms of the letter of intent, the company has paid Avicanna a non-refundable deposit of $100,000. The parties continue to explore mutually beneficial alternatives. Pure Global remains committed to sourcing and securing foreign and domestic low-cost inputs of psychoactive and non-psychoactive cannabis and cannabis derivatives.
With a strong cash position of $14-million, the company is actively pursuing transformational opportunities domestically and internationally. Pure Global continues to deploy its operations at its Brampton campus for its vertically farmed cultivation and is currently adding high-throughput extraction, formulation and packaging for branded and white-labelled cannabis products.
About Pure Global Cannabis Inc.