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Simply Solventless Concentrates Ltd ( (TSE:HASH) ) has issued an update.
Simply Solventless Concentrates Ltd. has entered an agreement with Natura Life + Science to launch the Sluggers cannabis brand in Canada. The agreement grants SSC exclusive distribution rights in Canada, allowing them to retain 75% of net income from sales. This move is expected to strengthen SSC’s market position by leveraging Sluggers’ established reputation in the U.S. market. Additionally, SSC announced executive changes, with Jeff Holmgren departing as CFO and plans to appoint a new CFO soon. The company also provided updates on its Q1 financial filings and management cease trade order, maintaining its commitment to transparency and regulatory compliance.
More about Simply Solventless Concentrates Ltd
Simply Solventless Concentrates Ltd. operates in the cannabis industry, focusing on solventless cannabis concentrates. The company is involved in the production and distribution of cannabis products, with a market focus on expanding its offerings in Canada.
Average Trading Volume: 562,864
Technical Sentiment Signal: Sell
Current Market Cap: C$16.01M
See more data about HASH stock on TipRanks’ Stock Analysis page.