Board Change • Mar 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 04
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 09
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. CEO & Director Vern Vipul was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Advisor to the Board Dani Walton was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Advisor to the Board Dani Walton was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Jan 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Member of Advisory Board Dani Walton was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. President, CEO & Director Andriyko Herchak is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Sep 03
FinCanna Capital Corp. (CNSX:CALI) signed a binding Letter of Intent to acquire a remaining unknown stake in QVI, Inc. FinCanna Capital Corp. (CNSX:CALI) signed a binding Letter of Intent to acquire a remaining unknown stake in QVI, Inc. on September 2, 2021. The transition from a royalty to 100% equity ownership of QVI will be achieved via FinCanna surrendering its royalty and issuing notes payable to the stakeholders of QVI totalling $642,851. Ankündigung • Jun 16
FinCanna Capital Announces 100% Owned ezGreen Software Approved by the City of Adelanto, California as the Official Point-Of-Sale Vendor for Licensed Cannabis Events FinCanna Capital Corp. announced its wholly owned portfolio company that owns the proprietary ezGreen Point of Sale (POS) software has been approved by the City of Adelanto, California as the official Point of Sale vendor for city sanctioned cannabis events. The official approval by the city of Adelanto is an important endorsement for ezGreen's POS as it highlights the efficacy of its software with respect to real-time, compliant tax reporting by dispensaries, an important source of revenue for any legal cannabis jurisdiction nationally. Additionally, it positions ezGreen to showcase its POS solution which includes fully customizable compliance reporting, workflow management, business analytics and more to dispensaries participating in city sanctioned cannabis events. The city of Adelanto, located approximately 85 miles northeast of Los Angeles, has approved ezGreen Compliance as the official Point of Sale vendor for licensed cannabis events held within its jurisdiction. The ezGreen POS was selected as it assists vendors in effectively tracking inventory and sales for efficient tax reporting and collection for the city as well as the state of California through the BCC and METRC track and trace program. Ankündigung • Mar 12
FinCanna Capital Corp. announced that it has received CAD 2.159956 million in funding On March 11, 2021, FinCanna Capital Corp. (CNSX:CALI) closed the transaction. The company raised $2,159,956 from the transaction. All securities issued pursuant to the transaction will be subject to a four month hold period expiring on July 12, 2021. Ankündigung • Feb 20
FinCanna Capital Corp. announced that it expects to receive CAD 1.5 million in funding FinCanna Capital Corp. (CNSX:CALI) anonunced a non-brokered private placement of 12,000,000 units at a price of CAD 0.125 per unit for the gross proceeds of CAD 1,500,000 on February 19, 2021. The transaction will include participation from the management of the company for CAD 750,000. Each unit will consist of one common share and one common share purchase warrant. Each full warrant will be exercisable to acquire one common share at an exercise price of CAD 0.18 for 24 months from the date of the closing the transaction. The company may pay a cash finder’s fee with respect to the transaction. The transaction is subject to the receipt of all necessary regulatory approvals, including the approval of the Canadian Stock Exchange. All securities issued pursuant to the transaction will be subject to a four month hold period in accordance with applicable Canadian securities laws. Ankündigung • Feb 05
FinCanna Sells Cannabis Extraction Equipment to Investee Company, CTI, for an Increased Royalty Stream FinCanna Capital Corp. announced that it has sold a portion of its unutilized extraction equipment to investee company, Cultivation Technologies Inc. ("CTI"), located in Palm Desert, CA, for an increased royalty stream. CTI management estimates the new manufacturing equipment will increase their current volume capacity by as much as 500% of which FinCanna will receive an increased royalty stream on CTI's top line revenue. This extraction system provides the flexibility to select either butane, propane, or ethanol manufacturing methods and delivers faster throughput, expanding CTI's potential to increase its volume of higher margin butane-based products as well as the ability to add lower cost, higher velocity and higher volume ethanol-based and propane-based offerings to its product mix. The increased output potential and diversity of product offerings position CTI to ramp up its revenues based on current and expected demand. The new equipment fits seamlessly into CTI's facility that was initially designed with excess space with the expectation of adding high-volume extraction capability at the appropriate time. The equipment is scheduled to arrive on site this month for installation with commercial production expected by April 2021. In exchange for this equipment, FinCanna will receive the following: (a) the existing 10% royalty will apply on all revenues generated by CTI, including the additional revenues generated by this new system, with 5% paid in cash every month and 5% deferred until certain triggering events; and (b) an additional 10% royalty on all revenues generated by this new system, paid every month, until such time that CTI pays a total of USD 947,000 for total amounts owing to FinCanna plus future accrued interest during this repayment period. FinCanna is primarily focused on the California cannabis industry, which generated $3.1 billion in 2019 revenue, according to Arcview Market Research and BDS Analytics, making it the cannabis market in North America. Prohibition Partners projects that the U.S. licensed cannabis market is projected to reach $43.9 billion by 2024. Ankündigung • Sep 05
FinCanna Capital Corp. Auditor Raises 'Going Concern' Doubt FinCanna Capital Corp. filed its Annual on Aug 28, 2020 for the period ending Apr 30, 2020. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Ankündigung • Aug 29
FinCanna Capital Corp. (CNSX:CALI) acquired All assets and economic interests of Green Compliance Inc. from Ezgreen Compliance. FinCanna Capital Corp. (CNSX:CALI) acquired All assets and economic interests of Green Compliance Inc. from Ezgreen Compliance on August 28, 2020. As a result of this equity re-structuring, FinCanna now owns 100% of the assets and economic interests of Green Compliance.
FinCanna Capital Corp. (CNSX:CALI) completed the acquisition of All assets and economic interests of Green Compliance Inc. from Ezgreen Compliance on August 28, 2020. Ankündigung • Jul 08
FinCanna Capital Corp. announced that it has received CAD 2.5 million in funding On July 7, 2020, FinCanna Capital Corp. (CNSX:CALI) closed the transaction.