Medcolcanna Announces Mailing of Materials for AGM on July 7, 2021 and Provides Corporate Update
Bogota, Colombia--(Newsfile Corp. - June 4, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) (FSE: MO2) ("Medcolcanna", "MCCN" or the "Company"), a Canadian medical cannabis company with operations in Colombia, announces that its annual general and special meeting of holders of common shares scheduled for Wednesday, July 7, 2021 at 4:00 p.m. (Bogota time) at the offices of the Company will be held as a virtual meeting at the same time and on the same date. As Colombia has declared a...
2021-06-04 5:03 PM EDT
MCCN Executes Extraction Agreement with International Cannabis Company
Bogota, Colombia--(Newsfile Corp. - June 1, 2021) - Medcolcanna Organics Inc. (TSXV: 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 an extraction service agreement with an International Cannabis Company, a company with formulations for health and wellness applications, for depression, anxiety and PTSD, which also has cultivation operations in Colombia.The...
2021-06-01 7:00 AM EDT
Medcolcanna Organics Signs Landmark Agreement with Industry Leader Industrial Hemp Farms (IHF)
Bogota, Colombia--(Newsfile Corp. - May 27, 2021) - Medcolcanna Organics Inc. (TSXV: 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 Letter of Intent ("LOI") with Industrial Hemp Farms ( "IHF"), a large and well-established company based in Colorado, USA. The proposed business transaction is for the purchase of $1.0M USD ($1.2M CAD approx.) minimum of...
2021-05-27 7:00 AM EDT
Medcolcanna Announces Postponement of AGM Scheduled for May 19, 2021
Bogotá, Colombia--(Newsfile Corp. - May 14, 2021) - Medcolcanna Organics Inc. (TSXV: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a Canadian medical cannabis company with operations in Colombia, announces that its annual general and special meeting of holders of common shares scheduled for Wednesday, May 19, 2021 at 11:00 a.m. (Bogota time) at the offices of the Company will be postponed to a later date, with details of the new date and time to be provided in a future news release....
2021-05-14 7:19 PM EDT
Medcolcanna Organics is Granted Approximately 4% of Worlds Legal Production Quota of Medical Cannabis
Bogota, Colombia--(Newsfile Corp. - March 26, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), an integrated cannabis company, announced today that the Colombian Government has granted the Company the authorization to manufacture psychoactive medical cannabis derivatives, which, according to the International Narcotics Control Board's publicly disclosed data, will account for the production of around ten percent of the country's total quota or...
2021-03-26 7:30 AM EDT
Medcolcanna Organics Announces Closing of Bridge Loan Arrangement
Bogota, Colombia--(Newsfile Corp. - March 24, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, announces an update with respect to the previously announced bridge loan arrangement with certain executive officers (the "Lenders") of the Company (the "Bridge Loan"), as more particularly set forth in the press releases dated Jan. 4, 2021 and Feb. 4 2021. MCCN's...
2021-03-24 5:30 PM EDT
Medcolcanna Organics Announces Shares for Debt Transaction
Bogota, Colombia--(Newsfile Corp. - March 11, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces a shares for debt transaction whereby the Company has issued an aggregate of 3,837,440 common shares in the capital of the Company ("Common Shares") with certain trade creditors, employees and members of the Board of Directors in exchange for the forgiveness of a total amount of...
2021-03-11 7:00 AM EST
Medcolcanna Organics Inc. Signs Agreement of Magistral Formulations Distribution with Rappi
Bogotá, Colombia--(Newsfile Corp. - March 10, 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 it has entered into a distribution agreement with the company responsible for the Rappi app for the distribution of MCCN's magistral formulations and to provide telemedicine services for the diagnosis and treatment of conditions and diseases with medicinal...
2021-03-10 7:00 AM EST
Medcolcanna Organics Inc. Is Granted THC Psychoactive Quota to Be Used in Magistral Formulations and Other Medicinal Applications
Bogota, Colombia--(Newsfile Corp. - February 11, 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 it has been granted a Psychoactive Quota for the production of THC Derivates by the Ministry of Health and Social Protection in Colombia. This comes as the result of Medcolcanna's ability to meet regulatory requirements and the Company's commitment to provide...
2021-02-11 7:30 AM EST
Medcolcanna Organics Announces Bridge Loan Arrangement
Bogotá, Colombia--(Newsfile Corp. - February 4, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, announces an update with respect to the previously announced bridge loan arrangement with certain executive officers (the "Lenders") of the Company (the "Bridge Loan"), as more particularly set forth in the press release dated January 4, 2021. Under the terms of the Bridge Loan, the Lenders...
2021-02-04 7:30 AM EST
Medcolcanna Prepares for Recurring Commercial Shipments into Europe in 2021 and Provides Corporate Operational Update
Bogota, Colombia--(Newsfile Corp. - January 13, 2021) - Medcolcanna Organics Inc. (NEO: MCCN) ("Medcolcanna", "MCCN" or the "Company"), a leading Colombian and globally integrated cannabis company, is providing the following corporate update.Key highlights include:Capacity & Cost of Production: MCCN received approval for extension of its cannabis cultivation licenses to its second location in Neiva for 32 hectares (approx. 79 acres) in October 2020. This farm is expected to allow MCCN to...
2021-01-13 7:00 AM EST