PharmaCielo (TSE:PCLO) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
PharmaCielo, a leading cultivator and producer of cannabis extracts, has announced an anticipated reinstatement for trading on the TSX Venture Exchange following a successful resolution of previous regulatory issues. The company has also been progressing with its efficiency program, reducing its monthly cash burn rate, and is finalizing a private placement to boost its finances. Additionally, PharmaCielo is extending its international footprint with an impending acquisition of Siam Ventures Corporation in Thailand.
For further insights into TSE:PCLO stock, check out TipRanks’ Stock Analysis page.