Sugarbud hires Peters to market oil and gas assets...Sugarbud Craft Growers Corp. has engaged Peters & Co. Ltd., an independent investment dealer which specializes in Canadian energy corporate finance, advisory and research, to market its oil and gas assets for a potential sale. Given the nature of the process, Sugarbud does not intend to provide updates until such time as the company approves a definitive transaction or otherwise determines that further disclosure is advisable.
Craig Kolochuk, president and chief executive officer of Sugarbud, stated: "The monetization of our oil and gas assets is the next step in Sugarbud's evolution from an oil and gas company to a pure play cannabis company. Any parties interested in acquiring our oil and gas assets will have until Dec. 18, 2018, to submit their bids."