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Digicann Ventures Inc. - AGFAF STOCK NEWS

Welcome to our dedicated page for Digicann Ventures news (Ticker: AGFAF), a resource for investors and traders seeking the latest updates and insights on Digicann Ventures stock.

Digicann Ventures Inc. (AGFAF) operates at the intersection of digital innovation and strategic investments, driving technological advancement across industries. This page serves as the definitive source for all company announcements and developments.

Access real-time updates on earnings reports, strategic partnerships, technology initiatives, and leadership changes. Investors and analysts will find curated press releases and objective news coverage to inform decision-making.

Our repository includes updates on digital transformation projects, venture investments, and market expansion efforts. Bookmark this page to monitor the company’s progress in enabling businesses through cutting-edge technology solutions.

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Agra Ventures Ltd. has filed its audited annual financial results for the fiscal year ending December 31, 2022. Total revenues decreased to $673,416 from $928,208, while total expenses improved to $5,671,770 from $18,440,744. The company's comprehensive loss increased to $41,969,746 from $2,354,780. Agra Ventures plans to focus on collecting receivables and potentially earn milestone payments from the sale of its subsidiary.
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Agra Ventures Ltd. (CSE: AGRA, OTCPK: AGFAF) has announced the issuance of 3,079,774 common shares at approximately $0.05 per share as part of a loan interest payment from December 2020. This action is pending final acceptance from the Canadian Securities Exchange and is subject to a four-month and one-day hold period. The company is focused on the cannabis industry, primarily through its 70% ownership of Boundary Bay Cannabis in Canada and its wholly owned subsidiary, Farmako GmbH, which aims to be a leading distributor of medical cannabis in Europe. Agra Ventures possesses a diversified asset portfolio, enhancing its position in the evolving cannabis market.

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Agra Ventures Ltd. (CSE: AGRA, OTC: AGFAF) has appointed Nick Kuzyk as its permanent CEO and Director effective March 1, 2023. This decision follows Kuzyk's successful tenure as Interim CEO over the past six months. The Board expressed confidence in his ability to create value and navigate the company's opportunities in the cannabis sector. Kuzyk brings over 20 years of experience in business development and corporate finance within the cannabis industry, having previously served as Chief Strategy Officer at High Tide Inc. Agra Ventures focuses on cannabis cultivation and distribution, both in Canada and Europe.

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Agra Ventures Ltd. (CSE: AGRA, OTC: AGFAF) has approved the issuance of 2,856,449 common shares at approximately $0.05 per share. This issuance is intended to cover part of the quarterly interest on a loan from December 2020. The shares will be subject to a hold period of four months and one day. Agra Ventures focuses on the international cannabis industry, with significant operations in Canada through Boundary Bay Cannabis and a presence in Europe via Farmako GmbH, which is engaged in medical cannabis distribution.

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Digicann Ventures Inc.

OTC:AGFAF

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357.36k
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Drug Manufacturers - Specialty & Generic
Healthcare
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