Invictus MD Strategies Corp. (
V.GENE,
V.GENE.WT,
Forum) announced on Wednesday that the Company, along with
GTEC Holdings Ltd., have mutually agreed to terminate their merger, a $2 million convertible loan facility, but will continue their existing working relationship.
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Invictus made news recently when it created a joint venture with
Cannamerica Brands Corp. intending to acquire hemp biomass for extraction into CBD isolate using purpose-built facilities for large-scale CBD extraction.
FULL DISCLOSURE: Invictus MD Strategies Corp. is a client of Stockhouse Publishing.