City View Green Holdings (CSE: CVGR) is a vertically
integrated cannabis company with a primary focus on the development of a
seed-to-retail cannabis network. Recently, the company finalized an agreement
securing a 40,000-square-foot cultivation facility that CVGR plans to use to
produce a pharmaceutical-grade crop. An article discussing the company reads,
“City View Green recently announced that it had completed a previously detailed
goal of transferring its option to purchase the facility in Brantford, Ontario,
just southwest of Toronto, to an arms-length financier who has also completed a
five-year renewable lease agreement with CVGR that includes a first right of
refusal on any potential future sale of the property. . . . The financier will
provide all the required buildout and capital improvements necessary for the
mandatory Health Canada licenses and to make the facility a fully operational
cannabis cultivation and extraction site, according to the announcement (http://ibn.fm/Qgorp). The new
landlord obtained one million common share purchase warrants in exchange, each
of which can be used to purchase one common share of the company at a price of
$0.18 during the next five years.”
To view the full article, visit http://ibn.fm/26NK5
About City View Green Holdings Inc.
City View Green has been structured to be a vertically
integrated cannabis company focused on seed to retail. Upon receipt of its
Cannabis Act license, City View Green will incorporate growing, extraction,
production and retail at its Brantford, Ontario, facility. It is the company’s
intention that City View Green will grow exceptional-quality cannabis and
produce high-quality extracts. City View Green expects to produce high-quality
edible products, distillates and water-soluble products — once these products
are legalized — for the beverage market. In addition, City View Green owns a
19.9% stake in Budd Hutt Inc., a retail-focused cannabis company with access to
licenses in Alberta and other retail opportunities across Canada. The company
expects that Budd Hutt Inc. will secure shelf space and distribution
opportunities for City View Green’s products. City View’s future is green.
Follow the green. For more information, visit the company’s website at www.CityViewGreen.ca.
NOTE TO INVESTORS: The latest news and updates
relating to CVGR are available in the company’s newsroom at http://ibn.fm/CVGR
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