EDMONTON, AB, July 14, 2021 /CNW/ - Nova Cannabis Inc. (the
"Company" or "Nova") (TSXV: NOVC), is pleased to announce that it
has received final approval for listing of the Company's common
shares (the "Common Shares") on the Toronto Stock Exchange
("TSX").
"Nova is the only national cannabis retailer purpose-built to
deliver everyday value to heart of the cannabis market - the
value-conscious consumer that drives the majority of the market
volume," said Darren Karasiuk, CEO
of Nova Cannabis. "Uplisting to the TSX just months after
completing our reverse takeover of YSS Corp. is a great milestone
on our path to building one of Canada's largest and fastest growing cannabis
retailers."
Nova's Common Shares will begin trading on the TSX effective as
of the commencement of trading on July 15,
2021, and will continue to trade under the ticker "NOVC". In
connection with the TSX listing, Nova's Common Shares will be
concurrently delisted from the TSX Venture Exchange. Holders of the
Common Shares are not required to take any action in connection
with the graduation to the TSX.
ABOUT NOVA CANNABIS INC.
Nova is one of Canada's largest
and fastest growing cannabis retailers with a goal to disrupt the
cannabis retail market by offering a wide range of high-quality
cannabis products at every-day best value prices. The Company
currently operates 55 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds
and Nova Cannabis banners. The Company is majority owned by Alcanna
Inc. (TSX: CLIQ).
Additional information about Nova Cannabis Inc. is
available at www.sedar.com and the Company's website at
www.novacannabis.ca.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
SOURCE Nova Cannabis Inc.