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Christina Lake Cannabis Announces Sale of Bare Land
Globenewswire· 2026-01-16 22:15
Core Insights - Christina Lake Cannabis Corp. has completed the sale of 99 acres of non-core land for gross proceeds of $551,000, which will enhance the company's liquidity and strengthen its balance sheet [1] - The land was deemed non-essential for current or future operations following the Midway acquisition in February 2024, allowing the company to focus on its core assets [1] - Proceeds from the sale will be allocated for general working capital [1] Company Overview - Christina Lake Cannabis is a licensed cannabis producer under the Cannabis Act, holding a standard cultivation license and a research and development license from Health Canada [2] - The company's facilities include a 32-acre property with over 950,000 square feet of outdoor grow space and a 342-acre property with approximately 100 acres of licensed outdoor grow space [2] - The company specializes in producing high-quality outdoor flower, extracts, and distillate for its B2B client base [2]
US crude, fuel inventories rose in the week ended December 19, EIA says
Reuters· 2025-12-29 22:17
Core Viewpoint - U.S. crude, gasoline, and distillate inventories increased during the week ending December 19, as reported by the Energy Information Administration [1] Group 1: Inventory Changes - Crude oil inventories rose in the week ended December 19 [1] - Gasoline inventories experienced an increase during the same period [1] - Distillate inventories also saw a rise in the week ending December 19 [1]
Christina Lake Cannabis Announces Debenture Extension
Globenewswire· 2025-09-06 00:53
Group 1 - Christina Lake Cannabis Corp. has amended the terms of its convertible debentures totaling $710,000, with a new maturity date set for September 7, 2026 [1][2] - The interest rate on the debentures will remain unchanged, and repayments will now occur quarterly starting December 7, 2025, ensuring full repayment by the new maturity date [2] - Holders who did not enter into the amending agreements are expected to be repaid according to the original maturity dates of their debentures [2] Group 2 - Christina Lake Cannabis is a licensed cannabis producer under the Cannabis Act, with a standard cultivation license and a research and development license from Health Canada [3] - The company's facilities include a 32-acre property with over 950,000 square feet of outdoor grow space, and a 342-acre property with approximately 100 acres of licensed outdoor grow space [3] - Christina Lake Cannabis focuses on producing high-quality outdoor flower, extracts, and distillate for its B2B client base [3]