GGTTF - GTEC Holdings Ltd.
| Previous Close | 0.1600 |
| Open | 0.1611 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.1600 - 0.1600 |
| 52 Week Range | 0.1201 - 0.6000 |
| Volume | 1,850 |
| Avg. Volume | 51,755 |
| Market Cap | 22M |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0930 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire
GTEC Debuts Recreational Cannabis Brands; BLK MKT and Tenzo in Provincial Sales Channels
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), a multi-licenced producer of premium indoor flower, announced that it has formally launched its recreational adult-use brands in the Provinces of British Columbia and Saskatchewan. “We set out a mandate to produce ultra-premium cannabis that is superior to the available selection in the current legal marketplace, produced from exclusive cultivars,” said Norton Singhavon, Founder, Chairman and CEO of GTEC.
- GlobeNewswire
GTEC Strengthens Balance Sheet with $4 million Loan Repayment and Enters into Agreement to Divest of Cannabis Cowboy Shares
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), is pleased to announce that pursuant to the sale of certain assets, as previously announced on September 4, 2019 (the “Transaction”), between Cannabis Cowboy Inc (“CCI”) and Fire & Flower Inc., a wholly owned subsidiary of Fire & Flower Holdings Corp. (“FFHC”) (TSX:FAF), that the Transaction has been completed. Upon the closing of the Transaction, CCI has settled GTEC’s outstanding $4.06 million debt, in a cash repayment (the “Repayment”). The Repayment will strengthen GTEC’s balance sheet as the Company continues its near-term initiatives of completing the development of its two facilities currently under construction, with the expectation to increase its annual production output from its current 4,000 kg output to approximately 9,000 kg in 2020.
- GlobeNewswire
Norton Singhavon Announces Filing of Early Warning Report for GTEC
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) announces that the Company’s Chief Executive Officer, Norton Singhavon has filed an early warning report (the "Report") under the Company's profile on SEDAR as summarized below. This press release is being disseminated as required by National Instrument 62-103, The Early Warning System and Related Take-Over Bids and Insider Reporting Issues in connection with the filing of an early warning report. Prior to the completion of the transaction set forth in the Report, Mr. Singhavon owned 14,115,490 common shares in the capital of GTEC (“Common Shares”) on a partially-diluted basis (after giving effect to the exercise of warrants and options exercisable today or within 60 days) (“partially-diluted basis”), representing beneficial ownership of 11.06% of the outstanding Common Shares calculated on a partially-diluted basis.
- GlobeNewswire
GTEC Terminates Purchase of Canopy Growth Facility
Kelowna, BC, Sept. 18, 2019 -- GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, announces.
- GlobeNewswire
GTEC Subsidiary Cannabis Cowboy Announces the Sale of Certain Assets and $4 Million Debt Repayment to GTEC
/ NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES / GTEC subsidiary Cannabis Cowboy sale of certain assets including 8 development.
- GlobeNewswire
GTEC Provides Update on Acquisition of Canopy Growth Kelowna Cultivation Facility
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to provide an update to its plans to acquire a cultivation facility located in Kelowna, British Columbia. On July 22, 2019 GTEC issued a news release regarding its plans to acquire a Kelowna cultivation facility from Canopy Growth Corporation (“Canopy Growth”) (WEED.TO) (CGC). GTEC and Canopy Growth have entered into an Amending Agreement that extends the Purchaser’s Condition Waiver Date to September 16, 2019.
- GlobeNewswire
Health Canada grants Cultivation, Processing & Medical Sales Licences to GTEC Subsidiary Tumbleweed Farms
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased to announce that its wholly-owned subsidiary, Tumbleweed Farms Inc. (“Tumbleweed”), was granted Standard Cultivation, Standard Processing and Medical Sales Licences, pursuant to the Cannabis Act and Regulations by Health Canada on August 16, 2019.
- GlobeNewswire
GTEC Appoints Kendra Blackford as Interim CFO
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) would like to announce that effective immediately, Mr. Jeremy Wright will step down as Chief Financial Officer to pursue other opportunities. Mr. Wright will remain a consultant to GTEC on its corporate finance initiatives. The Company will commence a review process internally and externally to identify a permanent Chief Financial Officer.
- GlobeNewswire
GTEC Subsidiary Granted Processing and Medical Sales Licences by Health Canada
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), a vertically integrated ultra-premium cannabis producer, is pleased to announce that its wholly-owned subsidiary, Alberta Craft Cannabis Inc. (“ACC”), has received both a Standard Processing and a Sale for Medical Purposes licences from Health Canada.
- GlobeNewswire
GTEC Enters into Agreement to Acquire Facility in Kelowna BC
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that GTEC and Canopy Growth Corporation (“Canopy Growth”) (WEED.TO) (CGC) entered into a purchase and sale agreement (the “PSA”) pursuant to which GTEC, subject to certain conditions set out below, will acquire the second expansion site in Kelowna, BC (the “Facility”) of Canopy Growth (the “Transaction”). Assuming completion of the Transaction and receipt of a cultivation license by Health Canada, the Facility is estimated to increase GTEC’s annual production capacity by 4,000 kg, bringing the Company’s total projected annual output to 18,000 kg throughout 160,000 sq. ft. of indoor flowering space by 2020.
- GlobeNewswire
GTEC Announces Voting Results of Annual and Special Meeting of Shareholders
GTEC Holdings Ltd. (GTEC.V)(GGTTF)(FRA:1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased to announce that it held its annual and special meeting of shareholders (the “Meeting”) on Friday, July 12, 2019, at which all director nominees were unanimously elected as directors of the Company and all other resolutions were passed as set out below. 42,220,329 shares were represented at the meeting, all voted unanimously for each of the directors, being Norton Singhavon, Michael Blady, Derek Sanders, Aaron Dow and Jürgen Schreiber. "We are pleased to receive strong shareholder support for the Board nominees, and we are confident that the collective skill set of the GTEC Board members are a major asset for the company," said Norton Singhavon, Founder, Chairman and CEO of GTEC.
- GlobeNewswire
Health Canada Grants Cultivation License to Grey Bruce Farms, Doubling GTEC's Production Capacity
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Grey Bruce Farms (“Grey Bruce”) has been granted a Standard Cultivation License (the “License”) by Health Canada. Grey Bruce is an automated, state-of-the-art facility located in Kincardine, Ontario. The facility was carefully designed, constructed and equipped with a mandate and focus on systems, technology, process flow and good production practices to optimize output of ultra-premium indoor flower.
- GlobeNewswire
GTEC Completes Health Canada Sales License Inspection at Alberta Craft Facility
Kelowna, BC, June 27, 2019 -- GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is.
- GlobeNewswire
GTEC Appoints Former CEO of Shoppers Drug Mart and Former Chairman of ALDO to Board of Directors
Kelowna, BC, June 10, 2019 -- GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased.
CNW GroupVIVO Adds New Craft Producer GTEC Holdings Inc. and Additional Pure Sun Farms Products to On-Line Medical Cannabis Platform
VIVO Adds New Craft Producer GTEC Holdings Inc. and Additional Pure Sun Farms Products to On-Line Medical Cannabis Platform
- GlobeNewswire
GTEC Announces Tumbleweed Farms Evidence Package Submission to Health Canada to Confirm Readiness of Cultivation License
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that its wholly owned subsidiary Grey Bruce Farms (the “Facility”) has completed its build-out and submitted its Affirmation of Readiness and Video Evidence Package (the “Evidence Package”) to Health Canada. The Evidence Package submission is the final step required in order to demonstrate and confirm to Health Canada that the Facility is fully built, operationally ready and in compliance with the Cannabis Act and Regulations, prior to being issued its Standard Cultivation License. Grey Bruce’s initial phase of 15,000 sq. ft., is estimated to produce 1.64 million grams annually.
- GlobeNewswire
GTEC Provides Shareholder Update on Health Canada Changes to Cannabis Licensing
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to provide management commentary and shareholder updates on the recently announced Statement from Health Canada regarding changes to cannabis licensing. On May 8, 2019, Health Canada announced certain changes to align the approach of cannabis licensing with the approach of other regulated sectors, such as pharmaceuticals. Effective immediately, Health Canada will require new applicants for licenses under the Cannabis Act & Regulations to have a fully built site at the time of their application (as well as satisfying other application criteria).
- GlobeNewswire
GTEC Provides Retail Initiatives Update
Kelowna, BC, May 07, 2019 -- GTEC Holdings Ltd. (TSX-V:GTEC) (OTC:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that it has completed the previously.
- GlobeNewswire
GTEC Announces Increasing Demand for its Premium Cannabis and Provides 2019 Sales Projections
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (1BUP.F) (“GTEC” or the “Company”) is pleased to announce that it has been receiving significant demand for its premium cannabis, and provides insight into its current sales initiatives and projections. Based on the Company’s research into other Licensed Producers, it believes that it has set an unprecedented record for THC percentages on its Cold Creek Kush cultivar of 24.3% for flower.
- ACCESSWIRE
Cannabis Consumables Could Overtake Growers
HENDERSON, NV / ACCESSWIRE / April 17, 2019 / The cannabis industry has been dominated by the companies that grow the substance, but it looks as though a new era of edibles and other consumables have begun ...
- GlobeNewswire
GTEC Holdings Acquires Cannabis Retail Store Location in Vancouver BC
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Kelowna, BC, April 15, 2019 (GLOBE NEWSWIRE) -- GTEC Holdings Ltd. (GTEC.V) (GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that it has entered into a definitive agreement dated April 10, 2019 (the “Definitive Agreement”), between GTEC, GreenTec Retail Ventures Inc., a wholly owned subsidiary of GTEC (“GRV”), and the shareholders (the “Vendors”) of 1203648 B.C. Ltd. (“RetailCo”), pursuant to which GRV will acquire all the issued and outstanding shares of RetailCo for an aggregate purchase price of $2,113,000.00 (the “Acquisition”).
- GlobeNewswire
GTEC Announces Satisfaction of Tumbleweed Milestone
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. As a result of the foregoing, GTEC is to issue $250,000 worth of common shares of the Company (the “Common Shares”) to Mr. Singhavon, Chairman and Chief Executive Officer of the Company and Mr. Blady, Director and Vice President of the Company, upon completion of construction of the Tumbleweed Facility.
- GlobeNewswire
GTEC Announces Closing of Second Tranche of Approximately $12.5 Million Private Placement
GTEC Holdings Ltd. (GTEC.V) (GGTTF) (1BUP.F) (“GTEC” or the “Company”) is pleased to announce that it has closed its previously announced upsized private placement offering led by Sprott Capital Partners LP (the “Agent”) by issuing 11,582,869 units of the Company (each a “Unit” and collectively, the “Units”) at a price of $0.55 per Unit for gross proceeds of $6,370,577.95. The Company closed the first tranche of the private placement on February 28, 2019 by issuing 11,126,753 Units of the Company for gross proceeds of $6,119,714.15.
- CNW Group
GTEC Holdings Provides a Letter to Shareholders From Chairman & CEO
KELOWNA, BC , Dec. 21, 2018 /CNW/ - GTEC Holdings Ltd. (GTEC.V) (GGTTF) ("GTEC" or the "Company"), a specialized and vertically integrated premium cannabis company, is pleased to provide the following letter to its shareholders from Founder, Chairman & CEO Norton Singhavon . Tomorrow marks the six-month anniversary since we went public on the TSX Venture Exchange on June 22 nd, 2018. Prior to going public we raised over $30 million dollars privately amongst roughly 500 shareholders.