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An update from Molecule Holdings ( (TSE:MLCL) ) is now available.
Molecule Holdings Inc. announced that the Ontario Securities Commission has issued a Third Partial Revocation Order, partially lifting a cease trade order due to delayed financial filings. This order allows Molecule to amend terms of certain unsecured debentures, facilitating their conversion into common shares and warrants, and aims to resolve outstanding financial obligations, potentially improving the company’s financial stability and attracting new investments.
More about Molecule Holdings
Molecule Holdings Inc. is a Canadian company focused on the craft production of cannabis beverages. It operates within the cannabis industry, primarily producing and distributing cannabis-infused drinks.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$488.9K
Learn more about MLCL stock on TipRanks’ Stock Analysis page.