coyoteugly22
4 years ago
Citation Growth Corp. Announces Name Change
Kelowna, British Columbia โ November 4, 2020 โ Citation Growth Corp. (CSE:CGRO) (OTCQX:CGOTF) (โCitationโ or the โCompanyโ), a licensed multi-state cannabis cultivator, producer and retailer, announces that pursuant to a Directorโs Resolution, it will change its name to Fiore Cannabis Ltd. and trade under the ticker symbol โFIORโ on the Canadian Securities Exchange (the โCSEโ). The CSE will publish a bulletin announcing the effective date of the change and it is anticipated that the common shares will begin trading under the new name on or about Tuesday November 10, 2020. The CUSIP number assigned to the Companyโs common shares following the name change is 31811L107 (ISIN CA31811L1076). The Companyโs listed common share purchase warrants, expiring January 31, 2021, will begin trading on the CSE under the new trading symbol โFIOR.WTโ with the new CUSIP 31811L115 (ISIN CA31811L1159).
Erik Anderson, CEO of Fiore, stated: โAs the company continues to make great strides in our efforts to evolve the company in line with our vision of โmoving forward,โ management and the Board of Directors felt it was prudent to update our corporate identity in relation to our strong branding in the Nevada market. Fiore is an award-winning flower and the crown jewel of the corporation. Our proprietary cultivation methodologies at our North Las Vegas Apex facility maximize the potential for our unique genetic library of organic cannabis strains and produce a retail product that garners a market premium. Being a premium organic producer in one of the biggest markets in the U.S. positions Fiore well for growth into 2021 and beyond. We have installed full spectrum LED lighting from Fluence in the facility and are eagerly looking forward to increasing supply of a highly sought-after product in the Nevada market.โ
No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged.
About Citation Growth Corp.
Citation Growth Corp. (CSE:CGRO) (OTCQX:CGOTF) is a publicly traded company that has been investing in the development of medical and recreational cannabis products since 2014. Citation has expanded its operating portfolio to include cultivation, production and retail offerings in our key North American legal jurisdictions Nevada, California, Washington and British Columbia. For more information, please visit www.citationgrowth.com.
For Further Information:
Erik Anderson, President and CEO
1-877-438-5448 Ext. 713
eanderson@citationgrowth.com
coyoteugly22
4 years ago
Oh J-D you are funny. All 5 posts you have made about this company have been so mis-informed it is not even funny. I AM NOT HUHN. I get my information by picking up the phone and speaking to Erik.........like any other shareholder can. I can also say like LIVETOM that I have been to every facility this company owns. I can also say I have been a shareholder since 2016. I can say I have a very large position. I am simply here to tell the truths and counter the lies, with proof, that others spew. If you were on the AGM call then you realize that everything Erik said he was going to do, he has done. Yes previous management definitely did some stupid things.....100% AGREE. That is all being fixed. Like most cannabis companies now we have someone who is an operator and not a promoter. Like many other companies out there they are getting stuff done and treating this like a real company. So, if you are that dissatisfied with what is happening, then by all means please private message me and i will gladly do a cross for you. I'm sure with all 5 posts you have made that you must have at least a little paper and not just some cranky troll in the back room.
coyoteugly22
4 years ago
I am not an insider, however, if you pick up the phone and call Erik I know he will speak to you. He will also tell you that there are financings in the works to cover off the AP. As for the grower you refer to and the previous grower, the lights are on him. Funny how we did get all new lights and all the old lights go back under warranty. The Cannabis Cup strain is being played on, stay tuned is what I am told on that. As for Cali, $10k a month profit is more than most are making at this point. As for the debenture holders.........once again stay tuned as I actually know some of them and I hear there is a deal being made. So instead of just spewing anger and hate, why don't you pick up the phone and call Erik.
J-D
4 years ago
Well you must be an insider...to have all this knowledge, or maybe just the new cheerleader since longanddeep couldnt stick around either, he finally must have wised up?
Its hard to fault the prior team when they had no money to replace lights...how do you know they did nothing about it? I actually helped them get a quote from multiple lighting vendors but the company had no money to buy them...and I also heard no money to buy opex.
These arent 'lies'...they are accounts from the people that worked there, people that worked overtime and holiday and were not compensated. People that used their own money to buy opex and were never reimbursed.
And not to mention the damage done by ACC (which your wonderful Richard approved no doubt)!? Amidst all the chaos, which I heard daily updates about, how can you say the grower didnt know what he was doing, he won a cannabis cup, 1st place!! with Howards goons on his back trying to steal genetics...the fact that the company hasnt capitalized on that is another failure.
Haha you must know as much about 'growing surfboards' as the new guy...
I hope you and your new team can turn it around...but there is already a lot of damage done to people. Just don't see how something 8-12 months in the future will help now...how many more months can they live on the 10k per month the Cali dispensary makes? How much money will be left when celista money is paid out to keep payables and other bond holders happy?
coyoteugly22
4 years ago
Well you must live in Vegas or be a disgruntled employee as you seem to know the "previous grower" For the record ALL rooms have the new lights and crops start coming off in January I believe. As for an employee not getting paid bahahaha, maybe he should have done his job better. There are always 2 sides to the story. Maybe you should call the CEO and CFO and get your fact correct before spewing your hate on here, or better yet, average down or cover your short because management is doing exactly what they said they were going to do and were going to do. As for A/P no one is denying that, look at financials. There will be lots of cash from sale of Celista and other initiatives, so once again, check your facts.
coyoteugly22
4 years ago
Wow J-D did you lose money? Can I buy you some cheese for that wine? Like wow dude you are sadly misleading people with your facts so let me help you out.
1. The new CEO has a surfboard company that he "turned around" I am pretty sure that is the surf board comparison as Citation is also a "turn around"
2. The CEO has been part of other Cannabis deals, so this is not his first rodeo. The unfortunate part is he is the 4th CEO coming in and was left with debt and a mess. The first grower at APEX was a problem. Everything from not great crops to letting lights burn out and not doing anything about it. Unfortunately he also corrupted the 2nd grower in my opinion. The grower out there now has more knowledge than the first 2 ever did.
3. Cali dispensary has been showing solid growth as per updates. Making the comments you do without any proof is a big mistake. The company financials are audited if you recall
4. The micro deal and the retail deal leads us to a cash flow positive situation even quicker. It also helps both our top line and bottom line without an outflow of cash. Once again, read the releases. As well, Celista is closer every day.
5. This company is ran lien and is cleaning up past messes, so before you bitch and complain, why don't you actually average down and make some money instead of wine about share prices.