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Captiva Verde Acquires Stake in Mi’kmaq Development Corporation for Sustainable Growth

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Captiva Verde Acquires Stake in Mi’kmaq Development Corporation for Sustainable Growth

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Captiva Verde Land ( (TSE:PWR) ) has provided an update.

Captiva Verde Wellness Corp. has acquired a 49% stake in Matnaggewinu Development Corporation, an Indigenous-led organization by the Mi’kmaq community. This partnership aims to promote sustainable economic development and reconciliation, with a flagship project underway for a 55-acre sustainable development near Moncton, New Brunswick, which includes plans for hotels, retail, and mixed housing.

More about Captiva Verde Land

Captiva Verde Wellness Corp. is a publicly traded company on the Canadian Securities Exchange and US OTC Market, focusing on sustainable housing, health and wellness initiatives. The company is led by Jeff Ciachurski, known for his successful track record in these sectors.

YTD Price Performance: 86.67%

Average Trading Volume: 120,115

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.41M

Learn more about PWR stock on TipRanks’ Stock Analysis page.

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