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Zenabis conditionally approved to graduate to the TSX


April 29, 2019
By Grow Opportunity Staff

VANCOUVER - Cannabis company Zenabis Global has received conditional approval to graduate its listing from the TSX Venture Exchange (TSXV) to the Toronto Stock Exchange (TSX).

“Moving to the main board of one of the largest exchanges in the world is a critical milestone for the company in terms of demonstrating the strength of our business and expanding our investment appeal to a broader and global audience,” stated Andrew Grieve, chief executive officer of Zenabis.

Final approval of the listing is subject to certain customary conditions after which the company said it will release a statement immediately upon issuance of the TSX Bulletin confirming the date on which the listed securities of Zenabis will be delisted from the TSXV and commence trading on the TSX. Upon listing on the TSX, the company’s common shares and outstanding listed common share purchase warrants will continue to trade under the symbols “ZENA” and “ZENA.WT”.

Zenabis owns six indoor and greenhouse facilities across Canada, four of which are intended for cannabis cultivation.