Ancient Strains Limited

Recent News

  • Ancient Strains Announces Two Strategic Cannabis Service Agreements

    Toronto, Ontario--(Newsfile Corp. - August 16, 2018) - Ancient Strains Limited ("Ancient Strains" or "ASL") is pleased to announce that it has signed two binding agreements with strategic cannabis service providers that will greatly enhance Ancient Strains' ability to expand its international footprint and develop unique medicinal cannabis products. One is with CannOps Consulting Services Ltd. ("CannOps") and one is indirectly through Battalion Consol Corp. ("BATC"). Under the terms of the agreement with CannOps (the "CannOps Agreement"), CannOps will, among...

    2018-08-16 9:45 AM ET
  • Ancient Strains Announces Development Financing

    Toronto, Ontario--(Newsfile Corp. - July 9, 2018) - Ancient Strains Limited ("Ancient Strains" or the "Company") is pleased to announce a private placement offering for up to $3,000,000 (the "Offering") to commence funding the earn-in and development of production facilities pursuant to its Definitive Agreement with Cannabis Uruguay Limitada ("CUL") as disclosed in our June 20, 2018 press release. Under the terms of the Offering, Ancient Strains will issue up to 7,500,000 units at a price of $0.40 per...

    2018-07-09 3:55 PM ET
  • CORRECTION FROM SOURCE: Ancient Strains Announces Definitive Agreement for 80% Interest in a Federal Licensed Cannabis Operator in Uruguay

    Toronto, Ontario--(Newsfile Corp. - June 19, 2018) - This document corrects and replaces the press release that was issued by Ancient Strains Limited ("Ancient Strains") today June 19, 2018 at 5:26PM EST. The error occurred in the first paragraph where it should read "2,000 kg per year" instead of "2,000 tonnes per year".Ancient Strains Limited ("Ancient Strains"), through its wholly-owned subsidiary Ancient Strains International Ltd. ("ASIL"), is pleased to announce that it has signed a Definitive Agreement ("DA") with...

    2018-06-19 8:05 PM ET
  • Ancient Strains Announces Definitive Agreement for 80% Interest in a Federal Licensed Cannabis Operator in Uruguay

    Toronto, Ontario--(Newsfile Corp. - June 19, 2018) - Ancient Strains Limited ("Ancient Strains"), through its wholly-owned subsidiary Ancient Strains International Ltd. ("ASIL"), is pleased to announce that it has signed a Definitive Agreement ("DA") with Cannabis Uruguay Limitada ("CUL") outlining the terms of an agreement to finance the expansion of a CBD — rich hemp operation in exchange for an 80% equity interest in CUL. Under the terms of the agreement, ASIL will invest USD $6.9 million, and...

    2018-06-19 5:26 PM ET