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Alcanna Inc. T.CLIQ


Primary Symbol: LQSIF

Alcanna Inc is the private-sector largest retailer of alcoholic beverages in Canada and in the top 3 in North America. The company operates 240 stores under the brand names Wine & Beyond, Liquor Depot and Brown Jug in Alberta, B.C. and Alaska. Alcanna – owned 25% by Aurora Cannabis Inc after a $138 million cash injection in 2018 – also owns the Nova Cannabis brand with 5 stores in Alberta and 1 in Toronto and anticipates reaching 100 Nova stores by the end of 2021


OTCPK:LQSIF - Post by User

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Post by AwareInvestoron Jan 18, 2021 7:46am
519 Views
Post# 32318108

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

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