TerrAscend Corp., a leading North American cannabis operator, today announced that it has received the requisite minority shareholder approval at a special meeting, held November 11, 2021, for the proposed acquisition of all of the issued and outstanding securities of Gage Growth Corp , a leading high-quality premium cannabis brand and operator (the “Transaction”). The resolution put forth to shareholders at the meeting in respect of the Transaction was approved by approximately 99.78% of the votes cast by TerrAscend minority shareholders. The resolution required the approval of a majority of the votes cast by shareholders present in person or represented by proxy at the meeting, excluding those of the interested parties, as set out in TerrAscend’s management information circular dated October 4, 2021. On behalf of the entire TerrAscend team, I’d like to thank our shareholders for the strong support they have shown for the proposed acquisition of Gage Cannabis, one of the most influential and innovative brands in the United States.

Published Ncv Newswire, New Cannabis Ventures, 11/12/2021 07:57:00

Open article: https://www.newcannabisventures.com/terrascend-shareholders-overwhelmingly-approve-acquisition-of-gage/