NetworkNewsBreaks – City View Green Holdings Inc
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Posted On: 06/17/2019 4:19:11 PM
NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Anticipates Completion of Brantford Facility Build-Out
City View Green Holdings (CSE: CVGR), formerly Icon Exploration Inc., is a vertically integrated, seed-to-sale cannabis company that intends to grow high-quality cannabis and produce extracts. Presently, CVGR is making progress to wrap up its Brantford, Ontario, facility in the coming months and anticipates receiving a license from Heath Canada permitting it to turn building into an operational cannabis grow-and-extraction facility. An article discussing the company reads, “In a news release, CVGR CEO Ian MacDonald said, ‘Our build-out at the Brantford facility will be completed in the coming months, and we are confident our license will be granted shortly thereafter, so we can begin operations and provide the finest flower and oils in the cannabis industry.’ . . . CVGR anticipates closing soon on its LOI for completion of a sale-leaseback of the Brantford facility. The company would exercise its option to purchase the Brantford property, then transfer that option to a financier. CVGR would then enter a five-year lease with a five-year renewable term. The company would have the right of first refusal to purchase the facility and property if the new owner decides to sell.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
City View Green Holdings (CSE: CVGR), formerly Icon Exploration Inc., is a vertically integrated, seed-to-sale cannabis company that intends to grow high-quality cannabis and produce extracts. Presently, CVGR is making progress to wrap up its Brantford, Ontario, facility in the coming months and anticipates receiving a license from Heath Canada permitting it to turn building into an operational cannabis grow-and-extraction facility. An article discussing the company reads, “In a news release, CVGR CEO Ian MacDonald said, ‘Our build-out at the Brantford facility will be completed in the coming months, and we are confident our license will be granted shortly thereafter, so we can begin operations and provide the finest flower and oils in the cannabis industry.’ . . . CVGR anticipates closing soon on its LOI for completion of a sale-leaseback of the Brantford facility. The company would exercise its option to purchase the Brantford property, then transfer that option to a financier. CVGR would then enter a five-year lease with a five-year renewable term. The company would have the right of first refusal to purchase the facility and property if the new owner decides to sell.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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