City View Green Holdings (TSE:CVGR) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
City View Green Holdings Inc. has withdrawn from the retail cannabis market by divesting its interests in Budd Hutt Inc., which faced stiff competition and financial losses in Alberta. The company will now concentrate on its core business of manufacturing cannabis-infused edibles. Additionally, City View has announced the departure of director Gunter Bell for personal reasons.
For further insights into TSE:CVGR stock, check out TipRanks’ Stock Analysis page.