Silver Phoenix Resources (TSE:ATL) has released an update.
Atlas Global Brands Inc., a global cannabis company, announced the adjournment of receiver appointments over its subsidiary GreenSeal Cannabis Company Ltd. until July 9, 2024. This comes amidst ongoing CCAA proceedings, which include a stay of proceedings and the approval of debtor-in-possession and bridge financing for the Atlas Group. The company operates internationally with a strong presence in Canada and Israel, distributing to seven countries and managing licensed cannabis facilities.
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