Meta Growth Provides Update on Sale of Medical Cannabis Clinics Division
Summary
"METAs focus remains on maintaining a leadership position within the retail recreational cannabis industry and we are committed to finding the right home for our established medical clinics division. We are confident that a transaction which is beneficial to our employees, clients, and shareholders will occur in the future," said Mark Goliger, CEO of Meta Growth. Meta Growth is a leader in secure, safe and responsible access to legal recreational cannabis in Canada. Forward-looking statements and information in this news release includes, but is not limited to, any potential sale, in whole or in part, of METAs medical clinic division. Actual results and developments may differ materially from those that are currently contemplated by these statements depending on, among other things, risks relating to future legislative and regulatory developments; ability to find an appropriate purchaser for the medical clinic division, the ability of any purchaser to complete closing, inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; general business, economic, competitive, political, regulatory and social uncertainties; the delay or failure to receive regulatory approvals and the recreational cannabis industry in Canada generally.