9SB.F - SOL Global Investments Corp.
| Previous Close | 0.3218 |
| Open | 0.3487 |
| Bid | 0.3259 x 0 |
| Ask | 0.3449 x 0 |
| Day's Range | 0.3487 - 0.3488 |
| 52 Week Range | 0.2544 - 2.7000 |
| Volume | 1,000 |
| Avg. Volume | 502 |
| Market Cap | 18.316M |
| Beta (5Y Monthly) | 1.15 |
| PE Ratio (TTM) | 0.09 |
| EPS (TTM) | 4.0340 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Business Wire
SOL Global Announces Results of Duff & Phelps Valuation of Investment Portfolio
SOL Global Investments Corp. ("SOL Global" or the "Company") (CSE:SOL) (OTCPK: SOLCF) (Frankfurt:9SB) is pleased to announce that Duff & Phelps Canada Limited ("Duff & Phelps") has completed a valuation of the Company’s portfolio of private and public investments (the "Investment Portfolio") as of November 30, 2019 (the "Valuation"). All dollar values within this news release are expressed in Canadian Dollars.
- Business Wire
SOL Global’s CannCure to Go Public Through Proposed Reverse Takeover By Goldstream Minerals
SOL Global Investments Corp. ("SOL Global" or the "Company") (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB), and Goldstream Minerals Inc. ("Goldstream") (NEX: GSX.H) are pleased to announce that Goldstream and CannCure Investments Inc. ("CannCure"), a portfolio company of SOL Global, have entered into a letter of intent (the "LOI") dated January 8, 2020, outlining the proposed terms and conditions of a proposed transaction (the "Proposed Transaction") pursuant to which Goldstream would acquire a 100% interest in CannCure by way of a business combination that will result in a reverse takeover of Goldstream by the shareholders of CannCure. The entity resulting from the Proposed Transaction (the "Resulting Issuer") would continue to carry on the business of CannCure as a multi-state vertically integrated cannabis company (the "MSO") to be called "Bluma Wellness Inc." with operations in Florida via One Plant Florida (f/k/a 3 Boys Farm LLC) and in California with premium flower cultivator Northern Emeralds. The LOI was negotiated at arm's length.
- Business Wire
SOL Global Announces Director Resignation
SOL Global Investments Corp. ("SOL Global") (CSE:SOL) (OTCPK: SOLCF) (Frankfurt:9SB) announced today that Mr. Robert Reid, a Director of the Company, has stepped down from the Board of Directors effective January 3, 2020.
- Business Wire
SOL Global Reports Second Quarter Results for the Three and Six-Month Period Ending September 30, 2019
SOL Global Investments Corp. (“SOL Global” or “Company”) (SOL.CN) (SOLCF) (9SB.F) released its financial results as at and for the three and six-month period ended September 30, 2019. Despite market-wide volatility, SOL Global held fast to its strategic direction and deepened its investments in the Florida cannabis market via One Plant Florida, formerly 3 Boys Farm, LLC. With the goal of producing the highest quality flower in the State of Florida, SOL Global invested an additional $8 million dollars USD into One Plant Florida to fund strategic initiatives to meet that goal, including the construction of its previously announced expansion of cultivation and processing facilities in Indiantown, the addition of a fleet of delivery vehicles, and the buildout of retail dispensaries in key retail corridors including the opening of the first dispensary in Boynton Beach, Florida on November 6, 2019.
CNW GroupSOL Global Investments Corp. Disposes of Shares in Torque Esports Corp.
TORONTO , Nov. 30, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company"(SOL.CN) (SOLCF) (9SB.F) announces that it sold 103,500 common shares ("Common Shares") in Torque Esports Corp. ("Torque") (GAME.V) through the facilities of the TSX Venture Exchange ("TSXV") on November 28, 2019 resulting in SOL Global becoming a beneficial holder of less than 10% of the issued and outstanding Common Shares (the "Disposition"). The consideration received per Common Share was approximately $1.2628 , for total consideration received of $130,864 .
- CNW Group
SOL Global Files Early Warning Report in Relation to Disposition of Common Shares of Frankly Inc.
TORONTO , Nov. 29, 2019 /CNW/ - SOL Global Investments Corp. ("SOL") (SOL.CN) (SOLCF) (9SB.F) announces that it has filed an early warning report in connection with a disposition of common shares ("Common Shares") of Frankly Inc. ("Frankly") (TLK.V). On November 6, 2019 , SOL disposed of ownership and control of 400,000 Common Shares through the facilities of the TSX Venture Exchange (the "Disposition"). The consideration received per Common Share under the Disposition was $0.48 , for total consideration received of $189,352 .
- PR Newswire
SOL Global's CannCure and MCP Wellness Mutually Agree to Terminate Binding LOI While Continuing Strategic Partnership
SOL Global Investments Corp.'s ("SOL Global" or "Company") (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) portfolio company CannCure Investments Inc. ("CannCure"), owner/operator of the licensed Florida medical marijuana treatment center One Plant (previously named as 3 Boys Farms) and proposed purchaser of the famed California craft cannabis cultivator ECD Holdings, Inc., d/b/a Northern Emeralds ("Northern Emeralds"), today announced it has entered into a mutual termination agreement and promissory note with MCP Wellness to terminate the binding letter of intent (the "Binding LOI") dated April 23, 2019 whereby the Company was to acquire 100% of the stock of MCP Wellness ("MCP") for $35 million in cash and US$115 million in equity consideration in CannCure.
- CNW Group
SOL Global's CannCure and MCP Wellness Mutually Agree to Terminate Binding LOI While Continuing Strategic Partnership
TORONTO , Nov. 27, 2019 /CNW/ - SOL Global Investments Corp.'s ("SOL Global" or "Company") (SOL.CN) (SOLCF) (9SB.F) portfolio company CannCure Investments Inc. ("CannCure"), owner/operator of the licensed Florida medical marijuana treatment center One Plant (previously named as 3 Boys Farms) and proposed purchaser of the famed California craft cannabis cultivator ECD Holdings, Inc., d/b/a Northern Emeralds ("Northern Emeralds"), today announced it has entered into a mutual termination agreement and promissory note with MCP Wellness to terminate the binding letter of intent (the "Binding LOI") dated April 23, 2019 whereby the Company was to acquire 100% of the stock of MCP Wellness ("MCP") for $35 million in cash and US$115 million in equity consideration in CannCure. MCP is the Merida Capital Partners affiliate that owns the rights to own three Michigan cultivation licenses, a processing license, 9 licensed and operating provisioning centers ("dispensaries"), and 6 additional dispensary licenses, giving it the largest retail footprint in the state of Michigan .
- CNW Group
SOL Global Portfolio Company Heavenly Rx, Ltd. Enters Into MOU for Business Combination with Therapix Biosciences
TORONTO , Nov. 19, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (9SB.F) announced today that its 40.7% owned portfolio company Heavenly Rx, Ltd. ("Heavenly Rx") has entered into a memorandum of understanding ("MOU") with the US NASDAQ listed public company, Therapix Biosciences Ltd (TRPX), a speciality clinical-stage pharmaceutical company with a portfolio of technologies and assets based on cannabinoid pharmaceuticals, pursuant to which Therapix and Heavenly Rx have agreed to pursue a business combination. Pursuant to the MOU, the parties will negotiate a definitive agreement for a business combination between Therapix and Heavenly Rx, constituting a reverse takeover of Therapix by Heavenly Rx.
- PR Newswire
SOL Global Investments Corp. Files Early Warning Reports in Relation to Acquisitions of Common Shares of Torque Esports Inc.
TORONTO, Nov. 13, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (9SB.F) announces that it has filed early warning reports in connection with acquisitions of common shares ("Common Shares") of Torque Esports Inc. ("Torque") (GAME.V). The consideration paid per Common Share under the Acquisition was $1.001, for total consideration paid of $117,211.
- CNW Group
SOL Global Announces Intention to Commence Normal Course Issuer Bid to Repurchase up to 5% of its Common Shares
TORONTO , Nov. 1, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (OTCPK: SOLCF) (9SB.F), announced its intention to commence a normal course issuer bid ("NCIB"), under which the Company may purchase up to 2,731,462 of the Company's common shares, representing approximately 5% of its issued and outstanding common shares (the "Shares"). The Company is commencing the NCIB because it believes that, from time to time, the market price of its Shares may not fully reflect the underlying value of the Company's business and future prospects.
- PR Newswire
SOL Global's 3 Boys Farm, Sees Substantial Growth in Sales and Operations in Florida via its Newly Implemented and Highly Efficient Home Delivery Model
TORONTO, Oct. 17, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce that 3 Boys Farms, LLC ("3 Boys Farm"), which owns and operates one of the original fourteen (14) medical marijuana treatment center licenses in Florida, will now operate under the business name "One Plant" after receiving the required regulatory approvals. SOL Global embraced the name One Plant for 3 Boys Farm and the Company's proposed dispensaries nationwide as the team firmly believes that just this "one" plant can solve countless problems.
- CNW Group
SOL Global Shareholders Approve Name Change to "Bluma Wellness" in Pivot to Becoming a U.S. Cannabis Multi-State Operator
TORONTO , Oct. 16, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (9SB.F), an international company focused on cannabis and cannabis-related ventures, is pleased to announce the results of its special meeting of shareholders held on October 15, 2019 (the "Meeting"). Shareholders representing approximately 99.299% of votes cast at the Meeting, by proxy or in person, approved a special resolution authorizing the Company to amend its articles to change its name from "SOL Global Investments" to "Bluma Wellness Inc." (the "Name Change"). The Company expects the Name Change and a change to its ticker symbol to occur in the coming weeks.
- PR Newswire
SOL Global Portfolio Company 3 Boys Farm Obtains GMP and GAP Certifications for Its Florida Cannabis Cultivation and Processing Facility in Ruskin
TORONTO, Sept. 12, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (OTCQB: SOLCF) (Frankfurt: 9SB) is pleased to announce that 3 Boys Farms, LLC ("3 Boys Farm"), which owns and operates one of the original fourteen (14) medical marijuana treatment center licenses in Florida, has obtained Good Agricultural Practices-Farm (GAP) and Good Manufacturing Processing (GMP) approvals for its state-of-the art cannabis cultivation facility in Ruskin, Florida with 100% scores on both. SOL Global completed its acquisition of 3 Boys Farms in April 2019 through the closing of its purchase of CannCure Investments Inc., and has invested over $8 million dollars USD to upgrade both the operations team and facilities to scale up for a statewide launch of cannabis medicine via its proprietary home delivery system and retail dispensaries.
- PR Newswire
Andrew DeFrancesco To Lead Newly Formed SOL Investment Group (SIG) and Step Down From His Roles as Chairman & CIO of SOL Global
TORONTO, Sept. 4, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (CSE:SOL (SOLCF) (9SB.F) today announced that Andy DeFrancesco will step down from his role as Chief Investment Officer and Chairman of the Company. Mr. DeFrancesco will take on a new role leading a new, independent investment company, SOL Investment Group ("SIG"), which will be created following SOL Global's proposed change of business to that of a U.S. multi-state cannabis operator ("MSO") under the new name, "Bluma Wellness Inc." ("Bluma" or "Bluma Wellness"). The proposed changes would become effective upon completion of SOL Global's change of business, which is expected to close on or before the end of October, 2019.
CNW GroupSOL Global Reports First Quarter Results for the Three-Month Period Ending June 30, 2019
TORONTO , Aug. 30, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (OTCPK: SOLCF) (9SB.F), an international company focused on cannabis and cannabis-related ventures, released its financial results as at and for the three-month period ended June 30, 2019 . Despite sector-wide market volatility, SOL Global held fast to its strategic direction and made additional investments in the cannabis, CBD and hemp sectors, primarily through increased investments into CannCure Investments Inc. and Heavenly Rx Ltd. During the three-month period ended June 30, 2019 and beyond, the industry experienced numerous material market challenges which affected SOL Global and its competitors. Moving forward, SOL Global remains focused on its transition to becoming a cannabis multistate operator, Bluma Wellness, and investing in operational upgrades in Michigan , California and Florida to efficiently scale up operations to expedite the path to profitability for Bluma, which it expects to ultimately deliver value to the Company's shareholders.
- PR Newswire
SOL Global Announces Details of Shareholder Meeting to Consider Proposed Change of Business to U.S. Cannabis MSO
TORONTO, Aug. 13, 2019 /PRNewswire/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (SOL.CN) (SOLCF) (9SB.F), is pleased to announce that a special meeting of common shareholders will be held on October 15, 2019 (the "Meeting") whereby shareholders will be asked to consider and approve, among other things, the proposed change of business of the Company from an international cannabis investment company to that of a U.S. multi-state cannabis operator ("MSO") under the Life Sciences category of the Canadian Securities Exchange ("CSE"), as had been previously announced by the Company on August 8, 2019. Comprehensive details of the proposed business of the new MSO will be disclosed in the Company's management information circular and related meeting materials, which will be filed and delivered to shareholders in advance of the Meeting in accordance with applicable securities laws. The record date of the Meeting will be September 6, 2019.
CNW Group/R E P E A T -- SOL Global Announces Proposed Change of Business to U.S. Cannabis MSO, Rebranding to Bluma Wellness Inc./
TORONTO , Aug. 8, 2019 /CNW/ - SOL Global Investments Corp. ("SOL Global" or the "Company") (CSE:SOL (SOLCF) ) (9SB.F), is pleased to announce today a proposed change of business of SOL Global from an international cannabis investment company to a U.S. multi-state cannabis operator ("MSO") under the Life Sciences category of the Canadian Securities Exchange. Brady Cobb , the CEO of SOL Global, says the timing of the proposed change of business is strategic, stating: "One of the innate strengths of SOL Global's management is knowing when to enter a market, as is evidenced with our early success in Canada and Florida .