Christina Lake C - CLCFF STOCK NEWS

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Christina Lake Cannabis (CLCFF) is a leading Canadian company in the cannabis industry, specializing in the cultivation and extraction of high-quality, sustainable cannabis products. With a focus on innovation and organic practices, the company has established a strong presence in the market through its state-of-the-art facilities and commitment to producing premium cannabis products for both medical and recreational use. Christina Lake Cannabis prides itself on its transparent business model, strategic partnerships, and dedication to quality, making it a trusted name in the industry.

03/01/2024 07:00 AM

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Christina Lake Closes First Tranche of Non-Brokered Private Placement of Secured Convertible Notes

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Christina Lake Cannabis Corp. (CLCFF) closes the first tranche of a private placement, issuing secured convertible promissory notes totaling CDN$1,925,000. The notes bear interest at rates ranging from 10% to 20% per annum and are convertible into common shares at $0.05 per share. Proceeds will be used for equipment upgrades and new site development.

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02/12/2024 08:27 AM

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Christina Lake Cannabis Completes Acquisition

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Christina Lake Cannabis Corp. acquires assets in British Columbia, expanding outdoor cultivation footprint and securing supply chain. The $3 million transaction includes outdoor cultivation facilities, equipment, and biomass, positioning CLC for future growth and increased profitability.

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02/05/2024 07:00 AM

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Christina Lake Cannabis Announces Acquisition Agreement and Financing

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Christina Lake Cannabis Corp. has signed a definitive agreement to acquire assets from a private British Columbia corporation for $3,000,000. The transaction includes outdoor cultivation facilities, harvesting and manufacturing equipment, and approximately 19,000 kg of biomass. The acquisition will expand the company's licensed outdoor cultivation footprint by approximately 100 acres and the first crop of propriety CLC strains will be planted in the spring of 2024. The purchase price for the proposed acquisition will be paid through the issuance of a secured convertible promissory note. The company also intends to complete a non-brokered financing with gross proceeds of up to $2,500,000.

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02/04/2024 08:58 PM

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Christina Lake Announces Results of AGM

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Christina Lake Cannabis Corp. announced the results of voting at its Annual General and Special Meeting of Shareholders, with 53.16% of outstanding common shares represented. Shareholders approved the re-election of all director nominees and the re-appointment of the company's auditor. The rolling stock option plan and restricted share unit plan were also renewed for a further three years.

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12/06/2023 07:00 AM

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Christina Lake Cannabis Provides Harvest Update

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Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB) has announced its fourth consecutive successful outdoor harvest, yielding over 37,000 kg of dry outdoor flower and biomass. The company plans to process the harvest into various sought-after products, including flower, kief, hash, and distillate, to meet the growing demand for diverse cannabis products in the Canadian market.

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11/03/2023 09:04 PM

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Christina Lake Closes Third Tranche of Non-Brokered Private Placement of Secured Convertible Notes

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Christina Lake Cannabis Corp has closed the third and final tranche of a non-brokered private placement, raising a total of $4,238,000. The funds will be used for repayment of outstanding debentures, working capital, and general corporate purposes.

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10/31/2023 07:30 AM

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Christina Lake Cannabis Reports Third Quarter 2023 Results

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Christina Lake Cannabis Corp. reports Q3'23 financial results: Revenue up 30% to $8.9M, distillate volumes sold increased by 85%, gross profit of $4.0M, decreased G&A expenses by 4%.

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08/01/2023 07:07 AM

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Christina Lake Cannabis Reports Second Quarter 2023 Results

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05/02/2023 07:00 AM

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Christina Lake Cannabis Reports First Quarter 2023 Results

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04/20/2023 07:43 AM

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Christina Lake Cannabis Provides Corporate Update and New Product Launches

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Christina Lake Cannabis Corp. (CSE: CLC, OTCQB: CLCFF) announced significant corporate updates, including a 75% increase in distillate production capacity. The 2022 crop also yielded a 20% increase in THC extraction per kg of biomass. Preparations for the 2023 crop are ahead of schedule, with enhancements to greenhouses leading to early starts. The first shipment of medical oils to South Africa is expected in fiscal Q3 2023, along with new customized formulation capabilities. CLC is diversifying its product line to include pre-rolls, infused pre-rolls, kief, and hash. The company aims to leverage its technology and expertise to drive revenue growth and enhance shareholder value amid competitive market conditions.

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FAQ

What is the current stock price of Christina Lake C (CLCFF)?

The current stock price of Christina Lake C (CLCFF) is $0.04015 as of February 21, 2025.

What is the market cap of Christina Lake C (CLCFF)?

The market cap of Christina Lake C (CLCFF) is approximately 7.2M.

What is Christina Lake Cannabis known for?

Christina Lake Cannabis is known for its expertise in cultivating and extracting high-quality, sustainable cannabis products.

What sets Christina Lake Cannabis apart from others in the industry?

Christina Lake Cannabis differentiates itself through its focus on innovation, organic practices, and commitment to producing premium cannabis products.

Does Christina Lake Cannabis cater to both medical and recreational cannabis markets?

Yes, Christina Lake Cannabis provides products for both medical and recreational cannabis users.

Why is transparency important to Christina Lake Cannabis?

Transparency is crucial to Christina Lake Cannabis to build trust with its customers and stakeholders.

What are some of the strategic partnerships of Christina Lake Cannabis?

Christina Lake Cannabis has established strategic partnerships to enhance its market presence and product offerings.

How does Christina Lake Cannabis ensure quality in its products?

Christina Lake Cannabis ensures quality through its state-of-the-art facilities and adherence to strict quality standards.

What is the core focus of Christina Lake Cannabis?

The core focus of Christina Lake Cannabis is on cultivating and extracting high-quality cannabis products using sustainable practices.

What is the reputation of Christina Lake Cannabis in the industry?

Christina Lake Cannabis has built a strong reputation for its dedication to quality, innovation, and transparency in the cannabis industry.

What can investors expect from Christina Lake Cannabis?

Investors can expect growth opportunities and a commitment to excellence from Christina Lake Cannabis.

How does Christina Lake Cannabis contribute to the cannabis market?

Christina Lake Cannabis contributes to the cannabis market by providing premium products and setting industry standards for quality and sustainability.