Medcolcanna Organics Invites Shareholders to An Exclusive Shareholders Meeting
Bogota, Colombia--(Newsfile Corp. - February 19, 2025) - Medcolcanna Organics Inc. ("Medcolcanna," "MCCN," or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to invite shareholders to an exclusive Shareholders Meeting.It is understood that many shareholders may have believed the company had ceased operations; however, Medcolcanna assures stakeholders that it has been working tirelessly to sustain the business and...
2025-02-19 11:05 AM EST
Medcolcanna Organics Announces Bridge Loan Arrangement
Bogota, Colombia--(Newsfile Corp. - June 1, 2023) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna," "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces a bridge loan arrangement (the "Bridge Loan") with a significant shareholder of the Company (the "Lender"). Under the terms of the Bridge Loan, the Lender provided a bridge loan financing amount of USD$500,000 for a nine month term at an annual interest rate of 12% per annum, with interest...
2023-06-01 1:10 PM EDT
Medcolcanna Organics Announces Bridge Loan Arrangment
Bogota, Colombia--(Newsfile Corp. - March 7, 2023) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces a bridge loan arrangement (the "Bridge Loan") with a significant shareholder of the Company (the "Lender"). Under the terms of the Bridge Loan, the Lender provided a bridge loan financing amount of USD$100,000 for a two-year term at an annual interest rate of 12% per annum, with interest...
2023-03-07 8:51 AM EST
Operational and Commercial Update: Medcolcanna Organics Executes Definitive Colombian Supply Agreements and EU Sales Agreements for EUGMP Certified Dried Flower, GAPC Certified Flower and Others
Bogota, Colombia--(Newsfile Corp. - August 9, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce the execution of two Definitive Colombian Supply Agreements and two EU Sales Agreements for EUGMP and CUMS-IMC certified Dried Flower. The executed agreements are for the purchase of 1,200 and up to 8,000 kilos per year of indoor grown and...
2022-08-09 7:00 AM EDT
Medcolcanna Organics Inc. Provides Corporate Update
Bogotá, Colombia--(Newsfile Corp. - July 6, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is announcing certain corporate updates.DIRECTOR AND EXECUTIVE COMPENSATIONIn an effort to reduce the operating costs of the Company and to conserve capital until the Company achieves financial self-sufficiency, the Company has agreed with certain members of the...
2022-07-06 7:00 AM EDT
Medcolcanna Organics Inc. Announces Fourth Update to Management Cease Trade Order
Bogotá, Colombia--(Newsfile Corp. - June 29, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is announcing, further to its previous press releases dated May 3, 2022, May 16, 2022, June 2, 2022 and June 14, 2022, that its audited financial report, CEO and CFO certifications, and management discussion & analysis (the "Annual Filings") for the year ended...
2022-06-29 5:00 PM EDT
Medcolcanna Organics Inc. Announces Third Update to Management Cease Trade Order
Bogotá, Colombia--(Newsfile Corp. - June 14, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is announcing, further to its previous press releases dated May 3, 2022, May 16, 2022 and June 2, 2022, that its audited financial report, CEO and CFO certifications, and management discussion & analysis (the "Annual Filings") for the year ended December 31, 2021...
2022-06-14 6:23 PM EDT
Medcolcanna Organics Inc. Announces Second Update to Management Cease Trade Order
Bogota, Colombia--(Newsfile Corp. - June 2, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is announcing, further to its previous press releases dated May 3, 2022 and May 16, 2022, that its audited financial report, CEO and CFO certifications, and management discussion & analysis (the "Annual Filings") for the year ended December 31, 2021 were not...
2022-06-02 6:06 PM EDT
Medcolcanna Organics Inc. Announces First Update to Management Cease Trade Order
Bogotá, Colombia--(Newsfile Corp. - May 16, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is announcing, further to its previous press release dated May 3, 2022 that its audited financial report, CEO and CFO certifications, and management discussion & analysis (the "Annual Filings") for the year ended December 31, 2021 were not released as scheduled on...
2022-05-16 8:35 PM EDT
Medcolcanna Organics Inc. Announces Corporate Update
Bogotá, Colombia--(Newsfile Corp. - May 3, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, announced today that its audited financial report, CEO and CFO certifications, and management discussion & analysis (the "Annual Filings") for the year ended December 31, 2021 were not released as scheduled on or about May 2, 2022. It is now anticipated that the...
2022-05-03 6:55 PM EDT
Medcolcanna Organics Inc. Announces Closing of Equity Financing
Bogotá, Colombia--(Newsfile Corp. - March 17, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce that it has closed on its previously announcing equity financing of 50,000,000 units in the capital of the Company ("Units") at a price of $0.05 per Unit, with each Unit consisting of one common share in the capital of the Company (each, a...
2022-03-17 7:00 AM EDT
Medcolcanna Organics Inc. Announces Equity Financing
Bogotá, Colombia--(Newsfile Corp. - February 14, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce that it intends to complete an offering of up to 50,000,000 units in the capital of the Company ("Units") at a price of $0.05 per Unit, with each Unit consisting of one common share in the capital of the Company (each, a "Common Share")...
2022-02-14 7:00 AM EST
Medcolcanna Organics Announces Issuance of Shares Pursuant to Payment of Debenture Interest
Bogotá, Colombia--(Newsfile Corp. - January 17, 2022) - Medcolcanna Organics Inc. (CSE: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces that it is issuing a total of 1,595,554 common shares in the capital of the Company ("Common Shares") to the holders of the secured convertible debentures of the Company (the "Debentures") that were issued during fiscal 2020. Pursuant to the terms of the Debentures, interest can be paid...
2022-01-17 7:15 AM EST
Medcolcanna Organics Inc. Announces Listing on the Canadian Securities Exchange and Delisting of Common Shares from The NEO
Bogota, Colombia--(Newsfile Corp. - December 23, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a Canadian integrated medical cannabis company with operations in Colombia, is pleased to announce that it has received approval to have the common shares of the Company ("Common Shares") listed on the Canadian Securities Exchange (the "CSE"). Consequently, the Company has also submitted a request to the Neo Exchange Inc. (the "NEO") to voluntarily delist...
2021-12-23 8:56 PM EST
Medcolcanna Organics Executes a Strategic Alliance Agreement with DNA Genetics
Bogota, Colombia--(Newsfile Corp. - November 25, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce the execution of a Strategic Alliance Agreement with DNA Genetics, a California based company with over 15 years of experience in bridging the gap to advance genetics in the cannabis industry. The terms of the agreement will allow...
2021-11-25 7:00 AM EST
Medcolcanna Organics Announces Second Bridge Loan Arrangment and Second Closing of Equity Financing
Bogotá, Colombia--(Newsfile Corp. - November 12, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces a second bridge loan arrangement (the "Bridge Loan") with certain executive officers of the Company as well as some additional arm's length lenders (collectively, the "Lenders"). Under the terms of the Bridge Loan, the Lenders provided an initial bridge loan financing amount of $290,000...
2021-11-12 10:51 PM EST
Medcolcanna Organics Announces Issuance of Shares Pursuant to Various Corporate Transactions and First Closing of Equity Offering
Bogotá, Colombia--(Newsfile Corp. - November 4, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces a series of transactions resulting in the issuance of shares by the Company. The first transaction is a shares for debt transaction whereby the Company has issued an aggregate of 2,332,036 common shares in the capital of the Company ("Common Shares") with certain trade creditors and...
2021-11-04 8:25 AM EDT
Medcolcanna Organics Inc. Announces Equity Financing
Bogota, Colombia--(Newsfile Corp. - October 29, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce that it intends to complete an offering of up to 10,000,000 common shares in the capital of the Company ("Common Shares") at a price of $0.05 per share for gross proceeds of up to $0.5 million (the "Offering"). Closing is expected to occur...
2021-10-29 8:25 AM EDT
Medcolcanna Organics Executes 60 Million US Dollar (74M CAD) Supply Agreement with US Based Industrial Hemp Farms
Bogota, Colombia--(Newsfile Corp. - October 20, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce the signing and execution of a 5-year deal with Industrial Hemp Farms ("IHF"), one of the largest producers of hemp derived products in the world. This $12 Million USD ($14.9M CAD) a year deal ($60 M USD in total - $74.4M CAD over five...
2021-10-20 8:30 AM EDT
MCCN Executes Extraction Agreement with Third-Party Cultivator
Bogota, Colombia--(Newsfile Corp. - June 8, 2021) - Medcolcanna Organics Inc. (TSXV: MCCN) (FSE: MO2) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce the execution of a long-term commercial extraction services agreement with La Finca Interactiva Arachna Inc. SAS ("La Finca"). La Finca is a Colombian based whole-owned subsidiary of Chemesis International Inc (C.CSI). The...
2021-06-08 7:00 AM EDT