Alcanna Announces the Sale of 8 Stores on Vancouver Island for $21.1 Million and Provides Business Update

EDMONTON, Alberta, Oct. 09, 2020 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today reported that it has agreed to sell eight (8) convenience-format liquor stores on Vancouver Island, British Columbia to Mid-Island Consumer Services Co-operative (“Mid-Island Co-op”). Alcanna will retain its three (3) Vancouver Island stores in the greater Victoria area.Continue reading “Alcanna Announces the Sale of 8 Stores on Vancouver Island for $21.1 Million and Provides Business Update”

Alcanna Inc. Announces Timing of Second Quarter 2020 Earnings Release

— Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today announced that it plans to release its second quarter 2020 financial results after markets close on August 19, 2020.   Management will conduct a conference call on August 20, 2020 at 12:00p.m. ET (10:00a.m. MT) to discuss its second quarter operating and financial results. To participate,Continue reading “Alcanna Inc. Announces Timing of Second Quarter 2020 Earnings Release”

Alcanna Inc. Completes $27.6 Million Secondary Bought Deal Offering by Aurora Cannabis Inc.

— Alcanna Inc. (the “Company”) (TSX: CLIQ) and Aurora Cannabis Inc. (“Aurora”) (NYSE/TSX: ACB) jointly announce the successful closing of the Company’s secondary offering of 9,200,000 common shares of the Company (the “Offered Shares”) held by an indirect, wholly-owned subsidiary of Aurora (the “Selling Shareholder”) at a price of $3.00 per Offered Share by wayContinue reading “Alcanna Inc. Completes $27.6 Million Secondary Bought Deal Offering by Aurora Cannabis Inc.”

Aurora Cannabis to Divest All Alcanna Shares Through a “Bought Deal”

9,200,000 common shares of the Company currently held by Aurora Cannabis at a price of $3.00 per Offered Share and offer them to the public Alcanna Inc. (TSX: CLIQ) and Aurora Cannabis Inc. (“Aurora“) (NYSE: ACB) (TSX: ACB) jointly announce that they have entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. (collectively, theContinue reading “Aurora Cannabis to Divest All Alcanna Shares Through a “Bought Deal””

Alcanna Reports 28% Growth in Sales and Gross Margin and the Sale of the Alaska Operations

EDMONTON, Alberta, June 01, 2020 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today reported its unaudited financial results for the three months ended March 31, 2020 and announced the sale of the Company’s Alaska operations. First Quarter Financial Results and Business Update During the first quarter of 2020, Alcanna continued toContinue reading “Alcanna Reports 28% Growth in Sales and Gross Margin and the Sale of the Alaska Operations”

Alcanna Reports 28% Growth in Sales and Gross Margin and the Sale of the Alaska Operations

Alcanna. (the “Alcanna” or “Alcanna”) (Alcanna) today reported its unaudited financial results for the three months ended March 31, 2020 and announced the sale of the Company’s Alaska operations. First Quarter Financial Results and Business Update During the first quarter of 2020, Alcanna continued to show significant growth over the prior year with total CompanyContinue reading “Alcanna Reports 28% Growth in Sales and Gross Margin and the Sale of the Alaska Operations”