Gage (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality premium cannabis brand and operator in Michigan, announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving TerrAscend Corp. acquiring all issued and outstanding securities of Gage; the acquisition plans had been announced previously. Other customary closing conditions, such as the receipt of cannabis regulatory approvals in the state of Michigan, are still pending. Once the arrangement has been completed, Gage shares will be delisted from the Canadian Securities Exchange, with applications submitted for the company to cease being a reporting issuer with the relevant securities regulatory authorities. “We are thrilled to announce that the arrangement has received the necessary approvals from the courts,” said Gage CEO Fabian Monaco in the press release. “As consumer demand for high-quality cannabis escalates across the U.S., we look forward to maximizing our cultivation, manufacturing and retail capabilities once we become official members of the TerrAscend team.”
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About Gage Growth Corp.
Gage Growth is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and in Canada, and is also bringing internationally renowned brands to market. Through years of progressive industry experience, the company’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, 3 processing licenses and 15 provisioning centers, or dispensaries. For more information, visit the company website at www.GageUSA.com.
NOTE TO INVESTORS: The latest news and updates relating to GAGE are available in the company’s newsroom at https://ibn.fm/GAGE
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