Company or
Ikänik Farms ) is pleased to announce its wholly-owned, Colombian subsidiary Pideka SAS ( Pideka ), has received ISO-9001:2015 certification from SGS Colombia, for its administration, cultivation and laboratory operations. We are extremely proud to have received the ISO-9001 accreditation, which continues to demonstrate our Pideka teams ongoing commitment to provide quality cannabis to the global markets. said Brian Baca, CEO of Ikänik Farms.
Ikänik Farms is proud to receive globally recognized ISO-9001 certification, which works to ensure its products and client services meet the highest standards through a comprehensive quality management system. The Company has implemented the ISO-9001 standard with the support and guidance of SGS Colombia, attesting to the Company s best-in-class approach to standardized processes and global business practices. Implementing ISO-9001 standards contributes to product quality and consistency, while maintaining customer cen
Ikänik Farms Receives Approval for Depository Trade Clearance
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Company or
Ikänik Farms ) is pleased to announce that it has received approval for its subordinate voting shares to be made eligible for electronic clearing and settlement through the Depository Trust Company (
DTC ). DTC is a subsidiary of the Depository Trust & Clearing Corp., a U.S. company that manages the electronic clearing and settlement of publicly traded companies.
As of the date hereof, Ikänik s subordinate voting shares (CUSIP 45175C107) are now eligible to be electronically cleared and settled through DTC. This electronic method of clearing securities accelerates the settlement process and transfer of stock and cash, for certain investors.
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PALM BEACH, Fla., April 29, 2021 /PRNewswire/ The global pandemic was expected to negatively impact the global economy… and it did, but there were some markets that exceeded expectations… and grew during the crisis. Industry insider BDSA (formerly BDS Analytics) said in a recent report that: The cannabis industry faced numerous challenges in the past few years, none so potentially disruptive as the coronavirus pandemic in 2020, said Micah Tapman, Chief Executive Officer, BDSA. Our previous forecast was conservative based on the expected economic fallout from the pandemic, but the industry not only survived, it thrived and legal cannabis gained considerable ground, exceeding our expectations in several markets. The report projected that: Global cannabis sales reached nearly $21.3 billion in 2020, an increase of 48% over 2019 sales of $14.4 billion. BDSA forecasts global cannabis sales will grow from $21.3 billion in 2020 to $55.9 bi
Company or
Ikänik Farms ) is pleased to announce that it has set has set USD$1.021 as the exercise price (the
Issue
Price ) for the issuance of 29,394,474 subordinate voting shares of the Company (the
Shares ) for gross proceeds of USD$30,000,000 pursuant to the terms of the subscription agreement dated March 8, 2021 (the
Subscription Agreement ), entered into between Global Garden Private Equity I, S.A.R.L. (
Global Garden ) and a predecessor of the Company prior to completion of its reverse take-over transaction completed on March 30, 2021. The Issue Price was determined pursuant to the Subscription Agreement, being 90% of the volume weighted average price per Share of the Company s Shares trading on the Canadian Securities Exchange during the most recent (10) consecutive trading days. The Company anticipates the issuance of the Shares will be completed on or about May 10, 2021.
Ikänik Farms Triggers $30 Million Self-Directed, Non-Brokered Private Placement with European Private Equity Group prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.