Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Cannabis Growth Opportunity Corporation throws C$2mln into Whistler Medical Marijuana

Wednesday, May 16, 2018 8:49
% of readers think this story is Fact. Add your two cents.

Cannabis Growth Opportunity Corporation (CSE:CGOC), a cannabis investment company, is shaking up its portfolio again by reaching a deal to put C$2mln into Whistler Medical Marijuana, one of the first 10 licensed producers of Medical Marijuana and cannabis oil in Canada.

The funds will be used to finish Whistler Medical Marijuana’s 62,000 square foot production facility in Pemberton, British Columbia.

Once Whistler receives its dealer license as expected, the money will also allow Whistler to widen its existing export business, which has already sold cannabis products in Australia and the Cayman Islands.

From its base in Whistler, British Columbia, Whistler Medical Marijuana grows medical cannabis in soil without the use of chemicals.

Cannabis Growth Opportunity Corporation, which provides financial backing to both public and private cannabis companies, has been on the investment warpath of late.

Marking its first deal in the Caribbean, this month the company also revealed plans to invest in Herbs Holdings, a large medical cannabis grower and retailer in Jamaica.

Cannabis shares were down 1.16% in morning trade to US$1.70.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/197128/cannabis-growth-opportunity-corporation-throws-c2mln-into-whistler-medical-marijuana-197128.html

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse

Comments

Your Comments
Question Razz Sad Evil Exclaim Smile Redface Biggrin Surprised Eek Confused Cool LOL Mad Twisted Rolleyes Wink Idea Arrow Neutral Cry Mr. Green

Loading...
Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.