Fiore Cannabis Sells BC Asset to Strengthen Focus on Core US Markets –

Fiore Cannabis Sells B.C. Asset to Strengthen Focus on Core U.S. Markets

FREE Breaking News Alerts from! Top Tickers, 4/20/2021

April 20, 2021 7:05 AM EDT
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Company putting renewed focus on Nevada and California with Canadian asset sold and letters of intent cancelled

Kelowna, British Columbia–(Newsfile Corp. – April 20, 2021) – Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) (“Fiore” or the “Company”), a licensed multi-state cannabis cultivator, producer and retailer, today announced that it has terminated the Letter of Intent (“LOI”) signed with Indigenomix International dated April 8, 2020 and amended June 15, 2020 and June 30, 2020 and has signed a Memorandum of Understanding (“MOU”) with PECA Properties (“PECA”) to transfer ownership of Fiore’s Celista, British Columbia asset as well as sell the Company’s wholly owned subsidiaries, Marapharm Inc and Full Spectrum Medicinal Inc., in consideration for debt and

Read More Here...

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top