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Christina Lake Cannabis Updates on MCTO Status

Christina Lake Cannabis Updates on MCTO Status

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

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Christina Lake Cannabis Corp has issued an update on its management cease trade order (MCTO), stating that there have been no significant changes since the initial default announcement and no further defaults are expected. The company reassures investors there are no insolvency proceedings against them and expects to file their overdue annual financial documents by May 31, 2024. Christina Lake Cannabis, a licensed producer, focuses on high-quality extracts and distillate for its business clients.

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

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