Christina Lake Cannabis Updates on MCTO Status
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Christina Lake Cannabis Updates on MCTO Status

Christina Lake Cannabis Corp (TSE:CLC) has released an update.

Christina Lake Cannabis Corp has provided an update regarding the delay in filing its audited financial statements for the fiscal year ended November 30, 2023, and other related documents, due to a management cease trade order (MCTO) which is currently in place. The MCTO, issued by the British Columbia Securities Commission, restricts the company’s CEO and CFO from trading company securities but does not hinder other shareholders. The company expects to complete the necessary filings by May 31, 2024, and will continue to provide bi-weekly updates as per regulatory guidelines.

For further insights into TSE:CLC stock, check out TipRanks’ Stock Analysis page.

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