Citation Growth Corp. Closes Second Tranche of Private Placement
Kelowna, British Columbia--(Newsfile Corp. - October 27, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, confirms it has closed the second tranche of a non-brokered private placement of unsecured Debentures for gross proceeds of $252,000. Each Debenture Unit consists of $1,000 principal amount of 10% unsecured subordinated debentures ("Debentures") and 2,000 common share purchase warrants of the Company ("Warrants"). Together with the first tranche, closed on...
2020-10-27 7:00 AM EDT
Citation Growth Corporation Announces LOI to Establish Supply Agreement with Boaz Craft Cannabis
Kelowna, British Columbia--(Newsfile Corp. - October 21, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed multi-state Cannabis cultivator, producer and retailer, is pleased to announce that it has executed a non-binding letter of intent dated October 19, 2020 ("LOI") with Boaz Craft Cannabis based in Calgary, Alberta (the "Vendor") to supply cannabis from its micro cultivation facility in Vernon, BC (Laughing Turtle Farms) in 2021 upon the closing of Laughing Turtle Farms definitive...
2020-10-21 7:00 AM EDT
Citation Growth Corp. Releases Letter from CEO
Kelowna, British Columbia--(Newsfile Corp. - October 15, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed multi-state Cannabis cultivator, producer and retailer, today released a letter from Erik Anderson, President and CEO, discussing the COVID-19 pandemic and recent company developments.To our Shareholders: I am following up on the "State of the Nation" communique that was sent out in March 2020 to highlight our progress of turning Citation Growth around towards profitability over the past two...
2020-10-15 7:00 AM EDT
Citation Growth Corporation Announces LOI to Purchase Retail Cannabis Locations in Okanagan Valley of B.C.
Kelowna, British Columbia--(Newsfile Corp. - October 9, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed multi-state Cannabis cultivator, producer and retailer, is pleased to announce that it has executed a non-binding letter of intent dated October 8, 2020 ("LOI") with 1260474 BC Ltd. (the "Vendor") to purchase two completed retail cannabis stores located in the Okanagan Valley of British Columbia. Citation's management team anticipates the execution of a Definitive Agreement (the "Definitive Agreement") to...
2020-10-09 8:00 AM EDT
Citation Growth Corp. Announces Changes to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - October 8, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, is pleased to announce the appointment of Mr. Dylan Rexing to its Board of Directors.Mr. Rexing is a respected businessman, serving as the President and CEO of Rexing Companies, an Evansville-based network of family owned and operated businesses specializing in transportation and logistics. As the fifth generation running his family's business, Mr. Rexing...
2020-10-08 12:01 PM EDT
Citation Growth Corporation Announces LOI to Purchase Micro Cultivation Facility in British Columbia, Canada
Kelowna, British Columbia--(Newsfile Corp. - October 7, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed multi-state Cannabis cultivator, producer and retailer, is pleased to announce that it has executed a non-binding letter of intent ("LOI") on October 6, 2020 with 1208417 BC. LTD. DBA Laughing Turtle Farms (the "Vendor") to purchase their state-of-the-art micro cultivation facility in British Columbia. Citation's management team anticipates the execution of a Definitive Agreement (the "Definitive Agreement") to...
2020-10-07 8:22 AM EDT
Citation Growth Corp. Provides Update on Celista Assets Sale
Kelowna, British Columbia--(Newsfile Corp. - September 1, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state cannabis cultivator, producer and retailer, announces today that, further to the news release dated August 4, 2020, the company has extended the Definitive Agreement with Indigenomix International ("Indigenomix") for the sale of the Celista, BC assets. The company remains confident that the transaction will close and has had positive indications and further cash deposits from the...
2020-09-01 5:19 PM EDT
Citation Growth Corp. Announces Update for Interim Financial Statements
Kelowna, British Columbia--(Newsfile Corp. - August 31, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, announces that further to its news release dated July 28, 2020, the Company intended to file its interim financial statements for the period ended June 30, 2020 and accompanying management's discussion and analysis (collectively, the "Interim Filings") on or before October 13, 2020.The Company will be relying on BC Instrument 51-517 -...
2020-08-31 7:16 PM EDT
Citation Growth Corp. Releases Las Vegas Operational Update
Kelowna, British Columbia--(Newsfile Corp. - August 26, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, is pleased to announce an update on its Las Vegas operations.In March 2020, Citation realized the first effects of the global pandemic when it saw the cannabis industry shut down due to government regulations, resulting in a large decline in demand and sales. The company made the decision to remain operational and focus...
2020-08-26 7:00 AM EDT
Citation Growth Announces Settlement Agreement with ACC Enterprises
Kelowna, British Columbia--(Newsfile Corp. - August 25, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state cannabis cultivator, producer and retailer, announces today that the company settled its ongoing litigation with ACC Enterprises ("ACC"). While the details of the settlement agreement are confidential, without admitting any liability, the companies have agreed to go their separate ways. Citation will continue to operate its cultivation and production facility in North Las Vegas (Apex)...
2020-08-25 12:57 PM EDT
Citation Growth Corp. Closes First Tranche of Private Placement
Kelowna, British Columbia--(Newsfile Corp. - August 24, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, confirms it has closed the first tranche of a non-brokered private placement of unsecured Debentures for gross proceeds of $780,000. Each Debenture Unit consists of $1,000 principal amount of 10% unsecured subordinated debentures ("Debentures") and 2,000 common share purchase warrants of the Company ("Warrants"). The proceeds from the private placement will be...
2020-08-24 1:09 PM EDT
Citation Growth Announces Signing of Definitive Agreement with Indigenomix for Sale of Celista Assets
Kelowna, British Columbia--(Newsfile Corp. - August 4, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state cannabis cultivator, producer and retailer, announces today that the company and its wholly-owned subsidiary Full Spectrum Medicinal Inc. ("FSM") have signed the Definitive Agreement (the "agreement") with Indigenomix International (Indigenomix) for sale of 40 acres of land, buildings and other assets on the land (the "Assets") in Celista, BC. Per the June 15, 2020 signed LOI which...
2020-08-04 8:41 AM EDT
Citation Growth Corp. Announces Update for Year End 2020 Financial Statements
Kelowna, British Columbia--(Newsfile Corp. - July 28, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, announces that, as a result of the COVID-19 pandemic, it anticipates a delay in the filings of its audited annual financial statements for the year ended March 31, 2020 (the "Financial Statements"), and accompanying management's discussion and analysis ("MD&A"), and related CEO and CFO certifications (the "Certifications", together with the Financial...
2020-07-28 6:00 PM EDT
Citation Growth Corp. Announces Changes to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - July 23, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or the "Company"), a licensed multi-state cannabis cultivator, producer and retailer, is pleased to announce the appointment of Mr. Ron Stern to its Board of Directors.Mr. Stern is a respected former National Hockey League (NHL) player with an outstanding reputation as a leader throughout the Calgary community, sporting associations and numerous industries. As a business leader and entrepreneur, Mr. Stern has proven himself with...
2020-07-23 7:00 AM EDT
Citation Growth Announces Sale of Washington Asset, LOI Extension with Indigenomix
Kelowna, British Columbia--(Newsfile Corp. - June 30, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state Cannabis cultivator, producer and retailer, is pleased to announce that it has closed on the sale of their 13 acres of land and buildings in Lynden, Washington to a confidential buyer for a total price of $2,500,000 USD. "Our new management team's strategic review identified the Lynden property as a non-core asset," CEO Erik Anderson commented....
2020-06-30 5:58 PM EDT
Citation Growth Corporation Announces Huhn's Departure from Board
Kelowna, British Columbia--(Newsfile Corp. - June 26, 2020) - Citation Growth Corp. (CSE:CGRO) (OTCQX:CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state Cannabis cultivator, producer and retailer, announces that Richard Huhn has resigned from the Board of Directors to focus on his operational duties as Head of Cultivation and also assist in the transition of the Celista asset to Indigenomix. With two rooms at the Apex (North Las Vegas) facility already converted to new grow lights, Mr. Huhn will now dedicate...
2020-06-26 6:00 PM EDT
Citation Growth Corp. Closes Second and Third (Final) Tranche of Private Placement
Kelowna, British Columbia--(Newsfile Corp. - June 24, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state cannabis cultivator, producer and retailer, announces that it has completed the second and third (final) tranche of a non-brokered private placement (the "Private Placement") consisting of 3,930,721 unites at $0.15 per unit for gross proceeds of $589,608. Together with the first tranche, closed on March 30, 2020, the Company raised a total of $1,007,177. No Finders' fees...
2020-06-24 10:48 AM EDT
Citation and Indigenomix Extend LOI on Purchase of Celista, BC Asset
Kelowna, British Columbia--(Newsfile Corp. - June 15, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) ("Citation" or "Company"), a licensed U.S. multi-state cannabis cultivator, producer and retailer, announces today that Citation and its wholly-owned subsidiary Full Spectrum Medicinal Inc. ("FSM") have entered into a revised letter of intent with Indigenomix (the "June 15 LOI") for sale of 40 acres of land in Celista, BC, buildings and other assets on the land (the "Assets"). The June 15 LOI...
2020-06-15 5:00 PM EDT
Citation Growth Announces Operational Update of Award Winning Dispensary, Green Leaf Wellness
Calgary, Alberta--(Newsfile Corp. - May 21, 2020) - Citation Growth Corp (CSE: CGRO) (OTCQX: CGOTF) (the "company" or "CGRO"), a licensed cannabis cultivation and processing multi-state operator with six brands targeting both the medical and recreational market, is pleased to provide an operational update of Green Leaf Wellness ( the "retail location" or GLW) based in the Coachella Valley, Desert Hot Springs, California.The company is proud to celebrate its loyal customers amidst the COVID-19 pandemic with adapting to unprecedented times...
2020-05-21 7:25 AM EDT
Citation Growth Announces Operational Update and Introduction of Proprietary FSM Technology to North Las Vegas Facility
Calgary, Alberta--(Newsfile Corp. - May 20, 2020) - Citation Growth Corp. (CSE: CGRO) (OTCQX: CGOTF) (the "company" or "CGRO"), a licensed cannabis cultivation and processing multi-state operator with six brands targeting both the medical and recreational market, is pleased to provide an operational update and introduction of the FSM (Full Spectrum Medicinal) growing technology and methodologies to the North Las Vegas facility ("Apex").The company is pleased to announce they have begun the transformation at their Apex facility in North Las...
2020-05-20 11:22 AM EDT