GAEGF - GAEGF STOCK NEWS

Gage Growth Corp. (OTCQX: GAEGF) plans to open a flagship Cookies dispensary in Toronto on January 29, 2022. This store will be the first Cookies location in Canada and Gage's 12th dispensary in North America. It will feature a variety of Cookies products, including exclusive hand-selected strains by rapper Berner and cultivation partner Jai. The Toronto store aims to enhance the Canadian cannabis market by introducing renowned brands and providing a unique retail experience for consumers.

On January 4, 2022, Gage Growth Corp. (CSE: GAGE, OTCQX: GAEGF) announced the addition of a new provisioning center in Ann Arbor, Michigan, expanding its retail portfolio to 18 locations. The new dispensary will operate as a Cookies branded store, situated in a high-traffic area near the University of Michigan, expected to open in Q1 2022. Gage has a longstanding partnership with Cookies, having secured exclusive rights as their cultivator and distributor in Michigan until 2026. This move aims to strengthen Michigan's cannabis market position.

Gage Growth Corp. expands its retail presence with the grand opening of its 11th dispensary in Michigan, located in Kalamazoo. The new Gage Kalamazoo Stadium store opens on December 23, 2021, offering both medical and adult-use cannabis products. This location will provide a range of high-quality cannabis items, including exclusive brands like Cookies, and will host a grand opening weekend event on January 7-8, featuring promotions and charitable contributions to the Canna Social Equity Fund. CEO Fabian Monaco emphasizes Gage's commitment to growth in the Michigan cannabis market.

Gage Growth Corp. has received approval for DTC full-service eligibility, enhancing the trading and servicing of its shares in the U.S. This milestone is expected to increase liquidity and simplify share transfers between brokerages. Additionally, the company announced the closing of its Sturgis Dispensary acquisition in Michigan, expanding its retail portfolio to 17 locations. The dispensary will be re-branded as a Cookies store, strategically situated near Indiana, further positioning Gage in the cannabis market.

Gage Growth Corp. (CSE: GAGE; OTCQX: GAEGF) has successfully closed a senior secured term loan, generating US$55 million to support its retail acquisition strategy in Michigan and overall growth. This non-dilutive financing allows Gage to act quickly on acquisition opportunities, with the loan bearing interest at a rate of 7.00% plus prime rate. CEO Fabian Monaco emphasized the loan's role in enhancing shareholder value as Gage collaborates with TerrAscend Corp. on strategic growth initiatives. The maturity date for the loan is set for November 30, 2022.

Gage Growth Corp. (CSE:GAGE, OTCQX:GAEGF) announced on November 15, 2021, that the Ontario Superior Court of Justice approved its acquisition by TerrAscend Corp. The Arrangement will allow Gage to enhance its cultivation, manufacturing, and retail capabilities in response to rising consumer demand for premium cannabis. The completion of the Arrangement is still subject to customary closing conditions, including regulatory approvals in Michigan. Following the acquisition, Gage shares will be de-listed from the CSE.

Gage Growth Corp. (CSE: GAGE, OTCQX: GAEGF) announced that shareholders voted overwhelmingly in favor of a special resolution approving the acquisition by TerrAscend Corp. at a meeting held on November 11, 2021. Approximately 56.26% of eligible votes were represented, with 99.57% approving the arrangement. The deal requires customary closing conditions, including court approval and regulatory approvals in Michigan. Following the arrangement, Gage shares will be de-listed from the CSE. CEO Fabian Monaco expressed optimism about expanding brand presence through this strategic move.

Gage Growth Corp. announced an amendment to its Membership Interest Purchase Agreement (MIPA) with TerrAscend, potentially accelerating the acquisition timeline. The deadline for shareholder proxy submissions has been extended to 8:00 a.m. EST on November 11, 2021, ahead of a special meeting. Over 99% of shareholders have voted in favor of the acquisition. The MIPA amendment allows for a condition related to cannabis licenses to be satisfied through additional licensed operators. The deal remains subject to court and shareholder approval.

Gage Growth Corp. has successfully upgraded from the Pink market to the OTCQX Best Market, designated by the ticker symbol GAEGF. This transition enhances trading transparency, visibility, and accessibility for US investors. The OTCQX Best Market, known for trading over 11,000 securities, represents a significant milestone for Gage, improving liquidity. CEO Fabian Monaco expressed excitement for this upgrade, emphasizing plans for growth in Michigan and beyond. The company holds 19 cultivation licenses, three processing licenses, and 15 dispensaries.