Welcome to our dedicated page for Christina Lake C news (Ticker: CLCFF), a resource for investors and traders seeking the latest updates and insights on Christina Lake C stock.
Christina Lake Cannabis Corp. ("CLC" or "Christina Lake Cannabis") (OTCQB: CLCFF) generates a steady flow of corporate and regulatory news that reflects its role as a licensed cannabis producer under the Cannabis Act. Its releases cover operational milestones, cultivation expansion, financial reporting updates, and financing arrangements related to its outdoor cannabis operations in British Columbia, Canada.
In its public updates, the company frequently discusses its outdoor cultivation footprint, which includes a 32-acre property with over 950,000 square feet of outdoor grow space and additional licensed acreage and facilities. News items describe harvest outcomes from its Christina Lake and Midway sites, the use of proprietary strains for outdoor cultivation, and the production of outdoor flower, extracts and distillate for a B2B client base.
Investors and followers of CLCFF can also find announcements about audited annual financial statements and interim financial filings, including the timing of submissions to SEDAR or SEDAR+. Several releases address management cease trade orders granted by Canadian securities regulators in connection with filing delays, along with subsequent revocations once required documents are filed.
Other notable news themes include business updates on inventory and biological assets, the impact of expanded cultivation on production levels, and financing activities such as non-brokered private placements and a secured credit facility with a related party lender. The company also reports on an equipment lease agreement tied to its operations and provides risk factor and forward-looking information disclosures in its releases.
This news page aggregates these company-issued announcements so readers can review Christina Lake Cannabis’ operational developments, regulatory communications, and financing disclosures in one place.
Christina Lake Cannabis Corp. provides an update on the status of its management cease trade order (MCTO) issued by the British Columbia Securities Commission. The CEO and CFO are restricted from trading until the required financial documents are filed. The MCTO does not affect other shareholders. The company confirms no material changes since the default announcement and no insolvency proceedings against it. The expected filing date for the audited financial statements is by May 31, 2024.
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