City View Green Holdings Inc.’s (CSE: CVGR) Retail Arm Pursuing Retail Cannabis Partnerships

July 9, 2019 11:29:41
  • Alberta’s cannabis industry regulatory agency has lifted a moratorium on accepting new retail licenses
  • Budd Hutt is seeking retail partnerships in Alberta and across Canada
  • CVGR CEO indicated that the lifting of the moratorium motivates the company to complete its buildout of a cannabis production facility

City View Green Holdings Inc. (CSE: CVGR) is poised to benefit following Alberta’s AGLC regulatory agency’s decision to lift its moratorium on accepting new retail cannabis licenses, announcing that it will issue five new licenses weekly ( CVGR sees the move as providing a direct route to market for its products, as Budd Hutt, the company’s retail arm, seeks strong financial investment partners and retail partnerships in Alberta and across Canada ( CVGR CEO Ian MacDonald said that the move would add value to the company’s 19.9 percent equity position in Budd Hutt and, ultimately, its shareholders.

For retail-focused cannabis company Budd Hutt, the addition of brick-and-mortar retail stores would cement the brand and the company in the recreational cannabis market while it prepares for…

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NOTE TO INVESTORS: The latest news and updates relating to CVGR are available in the company’s newsroom at

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