Christina Lake Cannabis Corp (TSE:CLC) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Christina Lake Cannabis Corp. has advanced its operations by securing new harvesting equipment through a lease agreement, following their recent acquisition of outdoor cultivation facilities. The lease will enhance the company’s production capabilities to meet rising product demand over a 36-month term, with an option to purchase the equipment after 18 months. This move is strategically aligned with CLC’s growth, as they specialize in high-quality cannabis extracts and boast extensive outdoor grow space and research facilities.
For further insights into TSE:CLC stock, check out TipRanks’ Stock Analysis page.