Category

Zenabis Press Releases

HEXO Corp. and Zenabis Global Inc. Announce Closing of Arrangement

HEXO Corp. and Zenabis Global Inc. Announce Closing of Arrangement OTTAWA and VANCOUVER, British Columbia, June 01, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO“) (TSX: HEXO; NYSE: HEXO) and Zenabis Global Inc. (“Zenabis“) (TSX: ZENA) are pleased to announce that they have completed the previously announced arrangement (the “Arrangement“), pursuant to which HEXO has acquired...
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Zenabis Obtains Final Order Approving Plan of Arrangement with HEXO

Zenabis Obtains Final Order Approving Plan of Arrangement with HEXO   VANCOUVER, May 18, 2021 (GLOBE NEWSWIRE) — Zenabis Global Inc. (“Zenabis“) (TSX: ZENA) today announced that it has obtained a final court order from the Supreme Court of British Columbia approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia), pursuant...
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Zenabis Announces First Quarter 2021 Financial Results

Zenabis Announces First Quarter 2021 Financial Results    Vancouver, British Columbia – May 14, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced its financial results for the quarter ended March 31, 2021. All amounts, unless specified otherwise, are expressed in Canadian dollars.   First Quarter 2021 Highlighted Financial Results Quantity of...
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ZENABIS MALTESE JOINT VENTURE PARTNER ZENPHARM RECEIVES LICENSE FOR PRODUCTION & DISTRIBUTION OF CANNABIS

ZENABIS MALTESE JOINT VENTURE PARTNER ZENPHARM RECEIVES LICENSE FOR PRODUCTION & DISTRIBUTION OF CANNABIS   Vancouver, British Columbia, May 14, 2021 – Zenabis Global Inc. (TSX: ZENA) (“Zenabis” or the “Company”) announces today that its Maltese joint venture, ZenPharm Limited (“ZenPharm”), has received its Licence for the Production of Cannabis for Medicinal and Research Purposes...
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ZENABIS OBTAINS SHAREHOLDER APPROVAL FOR ARRANGEMENT WITH HEXO CORP

ZENABIS OBTAINS SHAREHOLDER APPROVAL FOR ARRANGEMENT WITH HEXO CORP   Vancouver, British Columbia, May 13, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) is pleased to announce that, at the special meeting (the “Meeting“) of shareholders of the Company (“Company Shareholders“) held earlier today, Company Shareholders approved the proposed plan of arrangement under Division 5...
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LEADING INDEPENDENT PROXY ADVISORS ISS AND GLASS LEWIS SUPPORT ARRANGEMENT AGREEMENT BETWEEN HEXO AND ZENABIS, RECOMMEND ZENABIS SHAREHOLDERS VOTE FOR HEXO TRANSACTION

LEADING INDEPENDENT PROXY ADVISORS ISS AND GLASS LEWIS SUPPORT ARRANGEMENT AGREEMENT BETWEEN HEXO AND ZENABIS, RECOMMEND ZENABIS SHAREHOLDERS VOTE FOR HEXO TRANSACTION   Leading proxy advisors Institutional Shareholders Services and Glass Lewis recommend Zenabis shareholders vote FOR the Arrangement Resolution and the HEXO Debenture Conversion Resolution at the upcoming Special Meeting of Shareholders Zenabis shareholders...
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ZENABIS ANNOUNCES RECEIPT OF INTERIM ORDER FOR PROPOSED ARRANGEMENT WITH HEXO CORP

 ZENABIS ANNOUNCES RECEIPT OF INTERIM ORDER FOR PROPOSED ARRANGEMENT WITH HEXO CORP.  Also receives Competition Act approval of proposed Arrangement  Vancouver, British Columbia, April 7, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) is pleased to announce that the British Columbia Supreme Court (the “Court“) has granted an interim order (the “Interim Order“)...
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Zenabis Announces Full Year and Fourth Quarter 2020 Financial Results

Zenabis Announces Full Year and Fourth Quarter 2020 Financial Results   Vancouver, British Columbia – March 31, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today  announced its financial results for the year and quarter ended December 31, 2020. All amounts, unless specified otherwise, are  expressed in Canadian dollars.   Full Year 2020...
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ZENABIS ANNOUNCES LAUNCH OF PRE-ROLL MULTIPACKS, NEW DISTRIBUTION AGREEMENTS

ZENABIS ANNOUNCES LAUNCH OF PRE-ROLL MULTIPACKS, NEW DISTRIBUTION AGREEMENTS   Vancouver, British Columbia, March 22, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) announces the launch of pre-roll multipacks as well as new distribution agreements. Zenabis’ new 10 and 20 pack configurations of pre-roll multipacks will be launched under its Re-Up brand in...
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Zenabis Provides Update on Details of Special Meeting of Shareholders for Arrangement with HEXO Corp. and Release and Filing of 2020 Financial Results

Zenabis Provides Update on Details of Special Meeting of Shareholders for Arrangement with HEXO Corp. and Release and Filing of 2020 Financial Results   Vancouver, British Columbia – March 23, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) announced today that the Company has made the decision to change its special meeting of shareholders...
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Zenabis Announces Closing of Disposition of Bevo Farms Ltd.

Zenabis Announces Closing of Disposition of Bevo Farms Ltd.   Vancouver, British Columbia – March 11, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) announced today that it has closed the previously announced sale of Bevo Farms Ltd. (“Bevo“), pursuant to the rental rebate, liability contribution and share purchase agreement (the “Agreement“) dated...
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Zenabis Announces Commitment Extension re Revolving Credit Facility

Zenabis Announces Commitment Extension re Revolving Credit Facility   Vancouver, British Columbia – March 1, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) announced today that it has entered into an amending agreement (the “Amending Agreement”) in respect of its January 21, 2021 credit agreement (the “Credit Agreement“) with a Canadian private debt...
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Zenabis Files Court Proceedings Seeking Judicial Interpretation of Debenture

Zenabis Files Court Proceedings Seeking Judicial Interpretation of Debenture   Vancouver, British Columbia – February 19, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) announces that its wholly-owned subsidiary, Zenabis Investments Ltd. (“Zenabis Investments”), has filed a petition with the Supreme Court of British Columbia (the “Court“) for a determination of the amount...
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HEXO Corp. to acquire Zenabis Global Inc

HEXO Corp. to acquire Zenabis Global Inc.   OTTAWA and VANCOUVER, February 16, 2021 (GLOBE NEWSWIRE) — HEXO Corp. (“HEXO”) (TSX: HEXO; NYSE: HEXO) and Zenabis Global Inc. (“Zenabis”) (TSX: ZENA) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) under which HEXO will acquire, by way of...
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Zenabis Announces the Establishment of an At-the-Market Equity Offering Program

Zenabis Announces the Establishment of an At-the-Market Equity Offering Program   Vancouver, British Columbia – February 9, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue up to C$15,000,000 of common shares in the capital...
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ZENABIS JOINT VENTURE RECEIVES EU GMP CERTIFICATION

ZENABIS JOINT VENTURE RECEIVES EU GMP CERTIFICATION   Vancouver, British Columbia, February 1, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) announces today that its Maltese joint venture, ZenPharm Limited (“ZenPharm”), has received European Union Good Manufacturing Practices (“EU GMP”) certification issued by the Malta Medicines Authority. EU GMP certification is issued by...
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Zenabis Announces $60m Committed Revolving Credit Facility to Refinance Senior Debt held by Sundial Growers

Zenabis Announces $60m Committed Revolving Credit Facility to Refinance Senior Debt held by Sundial Growers   Vancouver, British Columbia – January 22, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce that it has entered into a credit agreement (the “Credit Agreement”) with a Canadian private debt fund (the “Agent“),...
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Zenabis Provides Update on Strategic Alternatives

Zenabis Provides Update on Strategic Alternatives   Vancouver, British Columbia – January 6, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is providing an update on its review of its strategic alternatives. As previously announced on December 21, 2020, the Company appointed Echelon Capital Markets (“Echelon“) as its financial advisor. The Company has...
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ZENABIS SELLS $7 MILLION OF CANNABIS

ZENABIS SELLS $7 MILLION OF CANNABIS Uses proceeds to make $7 million principal repayment due December 31, 2020, to senior lender.   Vancouver, British Columbia, January 4, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) announces today that it has entered into a letter agreement (the “Letter Agreement”) dated December 31, 2020, with...
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ZENABIS DISPOSES OF BEVO FARMS LTD. AND REDUCES DEBT BY $49.5 MILLION

ZENABIS DISPOSES OF BEVO FARMS LTD. AND REDUCES DEBT BY $49.5 MILLION To receive deferred consideration of $24.7 million   Vancouver, British Columbia, January 4, 2021 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company“) announces today that it has entered into a rental rebate, liability contribution and share purchase agreement (the “Agreement“) with Langley...
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Zenabis Provides Corporate Update

Zenabis Provides Corporate Update   Vancouver, British Columbia – December  21, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today provided a corporate update.   Highlights Zenabis Atholville has been granted Good Agricultural and Collecting Practices (GACP) Certification by the Control Union Medical Cannabis Standard (“CUMCS”). Obtaining this certification provides documented evidence that...
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Zenabis Announces Conditional Agreement for the Sale of Zenabis Delta

Zenabis Announces Conditional Agreement for the Sale of Zenabis Delta   Vancouver, British Columbia – November 30, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced that it has entered into a conditional agreement for the sale its facility in Delta, British Columbia. The agreement, for the sale of land and buildings...
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Zenabis Announces Third Quarter 2020 Financial Results

Zenabis Announces Third Quarter 2020 Financial Results Q3 2020 net revenue from the Cannabis segment increased 61% to $19.0 million from $11.8 million in Q2 2020 Q3 2020 kilograms of cannabis sold increased 98% to 7,819 kg from Q2 2020 Q3 2020 Adjusted EBITDA of $3.5 million; third consecutive positive quarter Q3 2020 consolidated net...
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Zenabis Announces Initial Shipments of 510-Threaded Vaporizer Line to OCS

Zenabis Announces Initial Shipments of 510-Threaded Vaporizer Line to OCS   Vancouver, British Columbia – November 6, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) today announced initial shipments of its Re-Up 510-Threaded Vaporizer cartridge line to the Ontario Cannabis Store (“OCS”). Zenabis expects these first shipments of Re-Up 510 Vaporizer cartridges made...
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Zenabis Announces Conversion of Remaining Secured Convertible Notes

Zenabis Announces Conversion of Remaining Secured Convertible Notes   Vancouver, British Columbia – October 30, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce that it has entered into an agreement (the “Note Amending Agreement”) with the holders (the “Noteholders”) of the subordinated secured convertible notes originally issued by Zenabis...
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Zenabis Announces Extension of Unsecured Convertible Notes

Zenabis Announces Extension of Unsecured Convertible Notes   Vancouver, British Columbia – October 19, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce that it has entered into definitive agreements (the “Note Amending Agreements”) with the holders (the “Noteholders”) of two of the unsecured convertible notes originally issued by Zenabis...
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Zenabis Announces Closing of Public Offering of Units

Zenabis Announces Closing of Public Offering of Units   Vancouver, British Columbia – September 23, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce the closing of the previously announced overnight marketed offering of units of Zenabis (“Units”), including the exercise in part of the over-allotment option (together, the “Offering”)....
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Zenabis Announces Upsize to Previously Announced Public Offering of Units

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Zenabis Announces Upsize to Previously Announced Public Offering of Units   Vancouver, British Columbia – September 18, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce that it has increased the amount of its previously...
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ZENABIS GLOBAL INC. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

ZENABIS GLOBAL INC. ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING   September 17, 2020, Vancouver, British Columbia – Zenabis Global Inc. (TSX: ZENA) (“Zenabis” or the “Company“) announces the results of matters voted on at the annual general and special meeting of shareholders of the Company (the “Meeting”) held in Langley, British Columbia on September...
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Zenabis Announces Overnight Marketed Public Offering of Units for Proceeds of Approximately 6 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Zenabis Announces Overnight Marketed Public Offering of Units for Proceeds of Approximately 6 Million   Vancouver, British Columbia – September 16, 2020 – Zenabis Global Inc. (TSX:ZENA) (“Zenabis” or the “Company”) is pleased to announce that it is commencing a...
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