In the news.
GTEC Announces Satisfaction of Tumbleweed Milestone
KELOWNA, BC – February 25, 2020 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), is pleased to announce that, with the aim to mitigate the dilution to shareholders resulting from the issuance of shares in connection with certain milestone payments, it has entered into an amending agreement on February 4, 2020...
GTEC Terminates Purchase of Canopy Growth Facility
KELOWNA, BC – September 18, 2019 – GTEC Holdings Ltd., a vertically integrated premium cannabis producer, announces that pursuant to a Purchase and Sale Agreement (the “PSA”) it had entered into with Canopy Growth Corp (TSX:WEED) (NYSE:CGC) on May 16th, 2019, as amended (see press release August 20th, 2019), that GTEC will not proceed with the completion of the transaction...
GTEC Provides Update on Acquisition of Canopy Growth Kelowna Cultivation Facility
KELOWNA, BC – August 20, 2019 – GTEC Holdings Ltd. is pleased to provide an update to its plans to acquire a cultivation facility located in Kelowna, British Columbia. On July 22, 2019 GTEC issued a news release regarding its plans to acquire a Kelowna cultivation facility from Canopy Growth Corporation (“Canopy Growth”) (TSX-V:WEED) (NYSE:CGC)...
Health Canada grants Cultivation, Processing & Medical Sales Licences to GTEC Subsidiary Tumbleweed Farms
KELOWNA, BC – August 19, 2019 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased to announce that its wholly-owned subsidiary, Tumbleweed Farms Inc. (“Tumbleweed”), was granted Standard Cultivation, Standard Processing and Medical Sales Licences, pursuant to...
GTEC Enters into Agreement to Acquire Facility in Kelowna BC
KELOWNA, BC – July 22, 2019 – GTEC Holdings Ltd. is pleased to announce that GTEC and Canopy Growth Corporation entered into a purchase and sale agreement (the “PSA”) pursuant to which GTEC, subject to certain conditions set out below, will acquire the second expansion site in Kelowna, BC (the “Facility”) of Canopy Growth (the “Transaction”). Assuming completion of the Transaction and receipt of a cultivation...
Health Canada Grants Cultivation License to Grey Bruce Farms, Doubling GTEC's Production Capacity
KELOWNA, BC – July 8, 2019 – GTEC Holdings Ltd. (TSX-V: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Grey Bruce Farms (“Grey Bruce”) has been granted a Standard Cultivation License (the “License”) by Health Canada. Grey Bruce is an automated, state-of-the-art facility located in Kincardine, Ontario...
GTEC Completes Health Canada Sales License Inspection at Alberta Craft Facility
KELOWNA, BC – June 27, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”), a vertically integrated premium cannabis producer, is pleased to announce that its wholly-owned subsidiary, Alberta Craft Cannabis Inc. (“ACC”) has recently completed a Health Canada license inspection. ACC had requested and scheduled the recent inspection...
GTEC Completes Build-out at Grey Bruce Facility and Submits Evidence Package to Health Canada
KELOWNA, BC – May 21, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that its wholly owned subsidiary Grey Bruce Farms (the “Facility”) has completed its build-out and submitted its Affirmation of Readiness and Video Evidence Package (the “Evidence Package”) to Health Canada. The Evidence Package...
GTEC Holdings Acquires Cannabis Retail Store Location in Vancouver BC
KELOWNA, BC – April 15, 2019 – GTEC Holdings Ltd. (TSXV: GTEC) (OTC: GGTTF) (FRA: 1BUP) (“GTEC” or the “Company”) is pleased to announce that it has entered into a definitive agreement dated April 10, 2019 (the “Definitive Agreement”), between GTEC, GreenTec Retail Ventures Inc., a wholly owned subsidiary of GTEC (“GRV”), and the shareholders (the “Vendors”) of 1203648 B.C. Ltd. (“RetailCo”), pursuant to which GRV will acquire all the issued and outstanding...
GTEC Announces Satisfaction of Tumbleweed Milestone
KELOWNA, BC – April 4, 2019 – GTEC Holdings Ltd. (TSX-V:GTEC) (OTCQB:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) announces that further to the press release dated January 30, 2019, in which the GTEC announced that Tumbleweed Farms (“Tumbleweed”) completed construction of a Health Canada approved cannabis production facility (the “Tumbleweed Facility”), the completion of the Tumbleweed Facility has resulted in the satisfaction...