Captor Capital Corp. today announced that it has agreed to purchase Chai Cannabis Inc. for US$6.1 million in cash and a further US$200,000 to purchase existing inventory at cost. Chai Cannabis currently operates a fully adult use dispensary in Santa Cruz, California. One of the most popular dispensaries in the area, the location averages sales in [...]
Captor Capital announced that at today’s annual and special meeting, shareholders overwhelmingly approved a change of business of Captor from an investment and merchant banking company to a company solely focused on the ownership and investment in cannabis assets. Captor today filed its Listing Statement with the Canadian Securities Exchange [...]
Captor Capital announced today that the closing of the previously announced acquisition of all of the outstanding securities of I-5 Holdings Ltd. not already held by Captor has been released from escrow. The Acquisition was completed pursuant to a merger agreement dated February 16, 2018 between Captor and I-5 whereby the holders of common shares [...]
On May 28, 2018, MedMen Enterprises Inc, located at 10115 Jefferson Blvd, Culver City, CA 90232, and MM Enterprises USA, LLC completed their previously announced business combination, creating a U.S. based medical and adult use cannabis company listed on the Canadian Securities Exchange. Captor Acquisition Corp., a subsidiary of [...]
Captor Capital announced today that it has decided to change its business focus from a diversified investment and merchant banking company and focus solely on cannabis. This change in the focus and direction of Captor’s business is considered a Fundamental Change under Canadian Securities Exchange Policy 8. In accordance with the policies of [...]
Captor Capital announced today that I-5 Holdings Ltd. had gross revenues of US$7.57 million from its two southern California dispensaries in the three-month period ended March 31, 2018. Captor entered into a definitive purchase agreement to acquire all of the outstanding shares of I-5 on February 16, 2018, the closing of which is in escrow pending [...]
Captor Capital announced today that it entered into a non-binding term sheet with leading California cannabis company, Growth Network Holdings, Inc. to acquire 30 per cent of its issued and outstanding equity securities for a purchase price of US$14,632,500. In accordance with the term sheet, Captor will also be granted an option exercisable for up [...]
TORONTO, March 29, 2018 -- Captor Capital Corp. announced today that it has closed its previously announced subscription for Class B Membership Interests of MM Enterprises USA, LLC , representing 2.3% of the issued and outstanding membership interests of MedMen on a fully diluted basis for an aggregate subscription price of USD $23 million [...]
TORONTO, March 07, 2018 -- Captor Capital Corp. today announced that its West Hollywood and Santa Ana cannabis dispensaries managed by MedMen enjoyed heavy foot traffic in the month of February with the two stores welcoming a combined total of 27,282 visitors. This is an average of almost 1,000 visitors per day between the two stores during the 28 [...]
TORONTO, Feb. 26, 2018 -- Captor Capital Corp. announced today that the previously announced acquisition of all of the outstanding securities of I-5 Holdings Ltd. closed in escrow . The Acquisition was completed pursuant to a merger agreement dated February 16, 2018 between Captor and I-5 Holdings whereby the holders of common shares of I-5 [...]
/STATES/ TORONTO, Feb. 12, 2018 -- Captor Capital Corp. announces that it has closed its previously announced non-brokered offering of units of Captor at a price of $0.20 per Unit . The Company issued 277,999,989 Units in the Private Placement for total gross proceeds of $55,599,997. Each Unit was comprised of one common share of Captor and one [...]
Captor Capital Corp. today announced that I-5 Holdings Ltd. has revealed sales and foot traffic for the month of January at the MedMen branded dispensaries in West Hollywood and Santa Ana are up significantly following the legalization of cannabis for recreational use in California on January 1. The numbers are highlighted by I-5's report to Captor [...]