Liquor Stores N.A. LQSIF

Alcanna, YSS Corp To Combine Cannabis Operations In All-Stoc

[AwareInvestor]

Consolidation continues within the increasingly competitive Canadian cannabis sector, with Alcanna and YSS Corp this morning announcing a combination of cannabis operations in an all-stock transaction. The transaction effectively will see Alcanna’s cannabis operations spun-out, with the firm then performing a reverse takeover of YSS Corp, to form what will be known as Nova Cannabis Inc.

 

https://thedeepdive.ca/alcanna-yss-corp-to-combine-cannabis-operations-in-all-stock-transaction/