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Gage Growth (CSE:GAGE) CEO Fabian Monaco talks about the company’s latest merger and #acquisition #partnership with TerrAscend Corp and how its different streams of #revenue are driving Gage’s exponential #growth within the cannabis landscape.
“In 2021, we really hit the ground running just like we’re gonna hit 2022 running even faster. We had phenomenal growth, quarter over quarter growth and we’re looking to expand quite exponentially as we approach the year 2022 in Michigan,” Monaco said.
Gage entered into a $545 million definitive arrangement agreement with TerrAscend wherein shareholders of Gage will receive 0.3001 of a common share of TerrAscend for each Gage Share. The combined business will have operations in 5 states and Canada, including 7 cultivation and processing facilities and 23 operating dispensaries serving both medical and adult-use cannabis markets in the US and Canada.
Part of the company’s plan for expansion is to bring the phenomenal Cookies brand to Canada which will be available exclusively in Ontario via the Ontario Cannabis Store (OCS), the largest purchaser of cannabis in the world.
“We’re gonna bring the Cookies brand to Canada very, very soon. We plan on opening a retail store in Canada and be the first ever Cookies branded retail store.” said Monaco.
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
