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 > Invictus to report possible bidders Tues, Mar 10

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Comment by Yowza123on Mar 06, 2020 9:58am

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RE:RE:Invictus to report possible bidders Tues, Mar 10

In Canada, companies can get approved for creditor protection if it seems there is hope for the company and therfore more likely loan payments can continue to be made. That is what Invictus is doing. They have until the end of May to try to restructure or find investors for the company. If they succeed in restructuring they could get another extension by their creditors and the court. Hopefully business picks up so they can move forward more easily.

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