Cannabis One Holdings Inc. completes business combination and commences trading on CSE

1 minute read
26 February 2019

On Feb. 26, 2019, Cannabis One Holdings Inc. (formerly Metropolitan Energy Corp.) (TSXV: MOE.H) announced that it had successfully completed the previously announced business combination with Bertram Capital Finance, Inc., the result being that Bertram is now a wholly-owned subsidiary of Cannabis One.

Pursuant to the business combination, Cannabis One de-listed its common shares from the NEX Board of the TSX Venture Exchange and commenced trading under the ticker "CBIS" on the Canadian Securities Exchange (CSE) of its Class A subordinate voting shares.

Pursuant to the Business Combination, Cannabis One indirectly acquired, through its wholly-owned subsidiary incorporated in the State of Colorado, all of the issued and outstanding securities of Bertram in exchange for newly created subordinate voting shares or Class B super voting shares, as applicable, in the capital of Cannabis One.

Gowling WLG advised Cannabis One with respect to this matter with a team led by Frank Sur and that included among others Jason Mullins, Zafar Jaffer and Christina Grimes.

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