City View Green Holdings Inc. (CSE: CVGR) Signs LOI, Seeks to Establish Facility as Key Cannabis Grow-and-Extraction Property

CVGR anticipates closing the transaction within 60 days Terms of the deal call for the new landlord to finance required buildout and capital improvements CVGR has a seed-to-retail model designed to grow and produce high-quality cannabis extracts and edible products

City View Green Holdings Inc. (CSE: CVGR) hopes to close on its letter of intent (LOI) for a purchase leaseback transaction of its Brantford, Ontario, facility and property within 60 days. Terms of the LOI call for the new landlord to finance the buildout and capital improvements required for CVGR to obtain Health Canada licenses. After the licenses are obtained, CVGR anticipates creating an operational cannabis grow-and-extraction facility (http://nnw.fm/3Tefr).

The agreement notes that CVGR would exercise its option to purchase the Brantford property then transfer that option to a financier. CVGR would then enter a five-year lease with a…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to CVGR are available in the company’s newsroom at http://nnw.fm/CVGR

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

The Latest: UK rejects Iranian position on tanker seizure

Jul 20, 2019

TEHRAN, Iran — The Latest on developments related to tensions between the U.S. and Iran (all times local): 9:20 p.m. Britain's foreign secretary says he rejects Iran's attempt to link its seizure of a British-flagged tanker to a July 4 incident in which British marines helped take control of an Iranian tanker off Gibraltar. Jeremy Hunt said Saturday afternoon that Britain's action against the Grace 1 supertanker was legal because it involved the enforcement of international sanctions against Syria since the crude oil on board was bound for that country. In contrast, he says, Iran had no legal justification for...

What consumers can do as regulators weigh compounds' risks

Jul 20, 2019

WASHINGTON — The government is trying to sort out how to handle health risks from a group of widely used nonstick and stain-resistant compounds. But scientists say there are many steps people can take to minimize their exposure to the manmade industrial compounds known as PFAS. Some changes are easier than others, such as checking on the safety of your drinking water or buying different pots and pans. Others might mean skipping fast food or other takeout because of the packaging containers. PFAS are used in products including nonstick cookware, but also in stain- and steam-resistant bags for microwave popcorn...

Iran says British tanker seized because of collision

Jul 20, 2019

TEHRAN, Iran — Iran's seizure of a British-flagged oil tanker was allegedly due to a collision with an Iranian fishing boat, the country's state-run IRNA news agency said Saturday. The British tanker reportedly caused damage to the fishing boat, then didn't respond to calls from the smaller craft. The fishing boat informed Iran's Ports and Maritime Organization, which notified the Revolutionary Guard. IRNA reported that the Revolutionary Guard vessels directed the Stena Impero to an Iranian port for an investigation Friday, and that the crew remained on board the ship as per safety regulations. Iran's attempt to offer a "technical"...

Technology, temporary help keeps farmers on job longer

Jul 20, 2019

ALEXANDRIA, Ind. — Assistive technology, help from seasonal hires and family members, and a general improvement in the health of U.S. seniors in recent decades have helped farmers remain productive and stay on the job well into their 60s, 70s and beyond. In the U.S. last year, the median age for domestic farmers, ranchers and other agricultural managers was 56.4 years old. That's the highest median age of any major occupation tracked by the government's Current Population Survey for which data was available. Experts worry that without the older farmers, there might not be enough people interested in agriculture to...

Japan vows action if S. Korea hurts companies in trade row

Jul 20, 2019

TOKYO — Japan's foreign minister said Tokyo will take "necessary measures" against South Korea if interests of Japanese companies are harmed in an escalating dispute over World War II forced labor. The neighboring countries and U.S. allies are quarreling over South Korean court decisions ordering Japanese companies to compensate victims of forced labor during Japan's 1910-1945 colonial rule of the Korean Peninsula. Foreign Minister Taro Kono said Friday after summoning South Korean Ambassador Nam Gwan-pyo that Tokyo is prepared to take "necessary measures" to protect the interest of Japanese companies, without giving details. Their talks were held in an icy...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com