TORONTO, April 25, 2019 /CNW/ - CANACCORD GENUITY GROWTH CORP. (NEO: CGGC.UN) ("CGGC" or the "Company") is reporting its financial results as of March 31, 2019. The Company's unaudited condensed interim financial statements along with its management discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval and may be viewed by shareholders and interested parties under the Company's profile at www.sedar.com.
About Canaccord Genuity Growth Corp.
Canaccord Genuity Growth Corp. is a special purpose acquisition corporation incorporated under the laws of the Province of Ontario for the purpose of effecting an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination involving the Company (a "Qualifying Transaction"). Canaccord Genuity Growth Corp. is expected to close a Qualifying Transaction with Columbia Care LLC ("Columbia Care") on April 26, 2019, subject to the satisfaction or waiver of certain conditions as set out in the transaction agreement entered into between the Company and Columbia Care dated November 21, 2018, as amended on February 20, 2019.
About Columbia Care LLC
Columbia Care is one of the U.S.'s largest and most experienced cultivators, manufacturers and providers of medical cannabis products and services. It is licensed in certain regulated jurisdictions and has completed more than 750,000 sales transactions since its inception. Working in collaboration with globally renowned and innovative teaching hospitals and medical centers, Columbia Care is a patient-centered healthcare and wellness company setting the standard for compassion, professionalism, quality, caring and innovation for a rapidly expanding new industry. For more information on Columbia Care, please visit www.col-care.com.
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects CGGC's current expectations regarding future events including the proposed Qualifying Transaction with Columbia Care, and expected timing of the closing. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond CGGC's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward- looking information. Such risks and uncertainties include, but are not limited to, timing and requirements applicable to completion of the proposed Qualifying Transaction with Columbia Care, failure to complete such transaction, inability to obtain requisite regulatory approvals, changes in general economic, business and political conditions, changes in applicable laws, compliance with extensive government regulation, as well as the factors discussed under "Risk Factors" in the Company's final prospectus dated March 21, 2019, a copy of which is available on SEDAR at www.sedar.com. CGGC undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
SOURCE Canaccord Genuity Growth Corp.
For further information: Canaccord Genuity Growth Corp., Daniel Chung, Chief Financial Officer, Canaccord Genuity Growth Corp., Vice President Finance, Canaccord Genuity Corp., (416) 867‐6136