07:51:51 EDT Wed 08 May 2024
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Shell Summary for May 22, 2018

2018-05-22 20:04 ET - Market Summary

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by Stockwatch Business Reporter

The TSX Venture Exchange added 1.46 points to 787.85 Tuesday. James Cassina has filed a preliminary prospectus to list his first capital pool shell, Good2Go Corp., with a $220,000 IPO at 10 cents through Haywood Securities Inc.

Nitrogen-sealed joints
GROWN ROGUE
Nitrogen-sealed joints

Mr. Cassina is a director and CFO of Canadian Securities Exchange-listed Novicius Corp. (NVS), which is halted pending a reverse takeover of Obie Strickler's Grown Rogue International Inc. Grown Rogue is an marijuana grower with over 100,000 square feet of cultivation space in Oregon's Rogue Valley. The company processes some of its dried marijuana leaves into a line of tinctures and oils. It also sells prerolled joints sealed in nitrogen, as well as branded hats, sweatshirts and reusable shopping bags. Before the deal can close, Novicius, which has 5.28 million shares issued, must roll back its stock 1 for 2, and sell $7.5-million worth of subscription receipts at 50 cents.

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