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Toronto, Ontario--(Newsfile Corp. - June 18, 2025) - 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) ("1CM" or the "Company") is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has approved its previously announced plan of arrangement involving SNDL Inc. ("SNDL"), pursuant to which SNDL will, among other things, acquire 32 cannabis retail stores operating under the Cost Cannabis and T Cannabis banners in Ontario, Alberta and Saskatchewan (the "Arrangement").
Completion of the Arrangement remains subject to the satisfaction of certain closing conditions, including certain outstanding regulatory approvals. Subject to the satisfaction or waiver of all of the conditions to the closing of the Arrangement, the Arrangement is expected to be completed in the third quarter of 2025.
About 1CM Inc.
1CM Inc. is a retailer of cannabis and liquor in Canada with a track record of developing cash-flow positive locations. Following closing of the Arrangement, 1CM expects to continue to develop new cannabis and liquor retail locations through organic growth and by way of future merger and acquisition transactions. For more information, please visit www.1CMinc.com.
For more information, please contact:
Harshil Chovatiya 1CM Inc. Tel: (717) 888-8889 info@1cminc.com
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