|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||3.6916 - 4.0500|
|52 Week Range||0.1010 - 5.6500|
|Beta (5Y Monthly)||1.66|
|PE Ratio (TTM)||0.93|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SOL Global Investments Corp. ("SOL Global" or the "Company")(CSE:SOL) (OTCPK: SOLCF) (Frankfurt:9SB) announces that it transferred and divested an aggregate of 16,891,749 common shares ("Common Shares") and 6,450,000 common share purchase warrants ("Warrants") of Bluma Wellness Inc. ("Bluma") (CSE: BWEL.U) to various arm’s length parties (the "Transferees") in private market transactions occurring simultaneously on February 12, 2021 (the "Dispositions"). The consideration received per Common Share and per Warrant under the Dispositions was US$1.00, for total consideration received of US$23,341,749. The completion of the Dispositions resulted in the Company’s beneficial ownership of, or control or direction over, the Common Shares and Warrants to decrease below 10% of the issued and outstanding Common Shares on a partially-diluted basis. Accordingly, following the filing of the early warning report described below, SOL Global will no longer file early warning or insider reports in respect of the Company’s ownership of Bluma’s securities, except as may be required by applicable law.
SOL Global Investments Corp. ("SOL Global" or the "Company") (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) today provides a general operations update regarding the Company’s investment portfolio and assets and announces that it has commenced litigation against its lender.
SOL Global Investments Corp. ("SOL Global" or the "Company") (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce that Verano Holdings, LLC ("Verano"), the Company’s largest core investment holding, announced today the signing of a definitive merger agreement to acquire and combine operations with Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC, and affiliated companies (collectively, "AltMed"), vertically-integrated medical cannabis companies that apply pharmaceutical industry standards to developing, cultivating, producing, and dispensing medical cannabis and medical cannabis products in Florida and Arizona. The transaction is expected to result in a highly-accretive combination of Verano and AltMed with the resulting company operating under the Verano name.