ZENA Profile
- Sector: Process Industries
- Industry: Agricultural Commodities/Milling
- Employees: 800
Zenabis Global, Inc. engages in production of cannabis and cannabis-derived products. It operates through the following segments: Cannabis Operations; Propagation Operations; and Other. The Cannabis Operations segment include e production, distribution, and selling of both medical and recreational cannabis. The Propagation Operations segment comprises propagation of vegetable plants (such as tomatoes, peppers, and cucumbers) and the cultivation of other plants (such as bedding plants, flowers, and poinsettias). The Other segment involves in the investment in Hillsboro Corporation Inc. (doing business as True Büch), investment in ZenPharm Limited, and the company’s Vancouver, B.C. head office. The company was founded by Rick Brar , Mark Joseph Catroppa, and Manoj Sikka on July 9, 1995 and is headquartered in Surrey, Canada.
Recent News
Zenabis Provides Update on Strategic Alternatives
VANCOUVER, BC, Jan. 6, 2021 /CNW/ – Zenabis Global Inc.(TSX: ZENA) (“Zenabis” or the “Company“) is providing an update on its review of its strategic alternatives. As previously announced on December 21, 2020, the Company appointed Echelon Capital Markets (“Echelon“) as its financial advisor. The Company has been working with Echelon to investigate alternatives to maximize shareholder value. On December 30, […]
Sundial Announces Strategic Investment
CALGARY, AB, Dec. 30, 2020 /PRNewswire/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it has closed the acquisition of a special purpose vehicle (the “Investment”). Consideration for the Investment, totaling $58.9 million in cash, was funded from Sundial’s available cash reserves which totaled $110 million immediately prior to the closing of the Investment. All amounts are […]
Zenabis Announces Conditional Agreement for the Sale of Zenabis Delta
VANCOUVER, BC, Nov. 30, 2020 /CNW/ – Zenabis Global Inc. (TSX: ZENA) (“Zenabis” or the “Company“) today announced that it has entered into a conditional agreement for the sale of its facility in Delta, British Columbia. The agreement, for the sale of land and buildings only, provides for a gross purchase price of $6.65 million and is subject to conditions that are […]
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