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 expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp > $5.7 mil debenture financing with .19505 cent warrants

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Comment by gamos99on Dec 16, 2019 5:31pm

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Post# 30460990

RE:RE:$5.7 mil debenture financing with .19505 cent warrants

So, the soap opera goes like this:
- CEO Trevor Dixon is sick, takes leave
- CEO Trevor Dixon comes back, ready to rock
- CEO Trevor Dixon resigns, leaves board
- Interim CEO Marc Ripa announces Invictus is getting $5.7M to complete part of Acreage Pharms phase 3, will give the funder (Unified Cannabis Corp.) 29M warrants at $0.19 each due by Dec. 2020, in exchange they get two seats on the board by end of 2019.

My take: the money guys (UCC) wanted Dixon gone and their own guys on board, gave Invictus an offer they can't refuse because Invictus needs cash to get Acreage Phase 3 rolling. Trevor Dixon knows this, is a huge shareholder, getting out of the way to let UCC take over is best for him personally and for the company.

Prediction: UCC will take over Invictus in early 2020

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