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Enter Symbol
or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 101,076,458
Close 2017-12-22 C$ 5.00
Market Cap C$ 505,382,290
Recent Sedar Documents

Emerald Health grants options for 2.64 million shares

2017-12-27 14:40 ET - News Release

An anonymous director reports

EMERALD HEALTH THERAPEUTICS AWARDS STOCK OPTIONS

Emerald Health Therapeutics Inc. has agreed to issue an aggregate of 2,645,000 incentive stock options to various directors, officers and employees of the company at an exercise price of $4.25 per common share for a period of five years. All options shall vest 25 per cent on the date of grant and 25 per cent on the first three anniversaries of the date of grant, other than options granted to directors of the company, which shall vest immediately.

The options have been granted pursuant to the company's omnibus incentive plan, which has been previously approved by the company's shareholders and the TSX Venture Exchange. The options shall be subject to the applicable policies of the TSX-V.

The company has also issued 350,000 restricted stock units (RSUs) to certain directors of the company, such RSUs to be settled by the issuance of 350,000 shares at $4.25 per share, all of which will vest on Jan. 15, 2019, or such earlier date as is determined by the board, so long as such director remains a director, employee or consultant of the company as of the vesting date.

About Emerald Health Therapeutics Inc.

Emerald Health Therapeutics operates through Emerald Health Botanicals Inc., a wholly owned subsidiary and licensed producer under Canada's Access to Cannabis for Medical Purposes Regulations. Through Botanicals, Emerald is authorized to produce and sell dried medical cannabis flower and medical cannabis oil. It currently operates an indoor facility in Victoria, B.C., and is building a 500,000-square-foot greenhouse on 32 acres in Metro Vancouver, with expansion potential to one million square feet to serve the anticipated legal Canadian adult-use cannabis market starting in 2018. Emerald also owns 50 per cent of Pure Sunfarms, a partnership with Village Farms that is converting an existing 1.1-million-square-foot greenhouse in Delta, B.C., from growing tomatoes to growing cannabis.

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