Heritage Cannabis Announces Commencement of Sale and Investment Solicitation Process
Toronto, ON, April 15, 2024 (GLOBE NEWSWIRE) — Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company“) today announced the commencement of a sale and investment solicitation process (the “SISP“) in respect of the business and assets of the Company, 1005477 B.C. Ltd., Heritage Cannabis West Corporation (“Heritage West“), Mainstrain Market Ltd., Heritage Cannabis East Corporation, Purefarma Solutions Inc., 333 Jarvis Realty Inc., 5450 Realty Inc., Heritage Cannabis Exchange Corp. and Premium 5 Ltd. (collectively, the “Heritage Group“). The SISP will be conducted in the Heritage Group’s ongoing proceedings under the Companies’ Creditors Arrangement Act (the “CCAA“).