Montréal Cannabis Médical Inc., a Montréal-based "flower-first" licensed producer, completed its going public transaction by reverse takeover of Canada House Wellness Group, a fully integrated cannabis company. This transaction is between arm's length parties.
In order to complete the transaction, a special committee of the board of directors of Canada House Wellness Group was formed to oversee the process. This Special Committee was responsible to review and consider the terms of the transaction.
Canada House Wellness Group will operate under the corporate name MTL Cannabis Corp. and its shares will trade on the CSE under the new name and ticker symbol "MTLC".
A Fasken team composed of Scott Rozansky and Laura Fabi advised the Special Committee of Canada House Wellness Group in connection with this transaction.
Jurisdiction
- Québec