{"id":18235,"date":"2017-08-02T08:31:46","date_gmt":"2017-08-02T16:31:46","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/08\/02\/cannabis-wheatons-ca15m-purchase-of-abcann-shares-okd\/"},"modified":"2017-08-03T00:38:27","modified_gmt":"2017-08-03T08:38:27","slug":"cannabis-wheatons-ca15m-purchase-of-abcann-shares-okd","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/08\/02\/cannabis-wheatons-ca15m-purchase-of-abcann-shares-okd\/","title":{"rendered":"Cannabis Wheaton\u2019s CA$15M purchase of ABcann shares OK\u2019d"},"content":{"rendered":"<\/p>\n<p>Cannabis Wheaton <a href=\"http:\/\/www.marketwired.com\/press-release\/-2228039.htm\">received approval <\/a>from the TSX Venture Exchange to purchase 15 million Canadian dollars ($12 million) of ABcann shares.<\/p>\n<p>The transaction is part of a larger CA<a href=\"https:\/\/globenewswire.com\/news-release\/2017\/05\/29\/999678\/0\/en\/ABcann-Global-and-Cannabis-Wheaton-Sign-Interim-Agreement-for-Construction-of-Additional-Cannabis-Cultivation-Facility.html\">$30 million investment<\/a>\u00a0Cannabis Wheaton is making to fund the construction of a 50,000-square-foot (4,600-square meter) expansion at ABcann\u2019s proposed Kimmett cannabis cultivation facility in Napanee, Ontario.<\/p>\n<p>After the CA$30 million investment is completed, Cannabis Wheaton will be entitled to <a href=\"http:\/\/www.marketwired.com\/press-release\/-2228039.htm\">50% of the cannabis yield<\/a>\u00a0in the expansion area, which it estimates at 8 million grams (8.8 tons) per year.<\/p>\n<p>Cannabis Wheaton, which funds entrepreneurs entering Canada\u2019s marijuana industry,\u00a0<a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=CBW\">trades as CBW<\/a>\u00a0on<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/cannabis-wheatons-ca15m-purchase-abcann-shares-approved\/\">Cannabis Wheaton\u2019s CA$15M purchase of ABcann shares OK\u2019d<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/cannabis-wheatons-ca15m-purchase-abcann-shares-approved\/\" target=\"_blank\">Cannabis Wheaton\u2019s CAM purchase of ABcann shares OK\u2019d<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannabis Wheaton received approval from the TSX Venture Exchange to purchase 15 million Canadian dollars ($12 million) of ABcann shares. The transaction is part of a larger CA$30 million investment\u00a0Cannabis Wheaton is making to fund the construction of a 50,000-square-foot (4,600-square meter) expansion at ABcann\u2019s proposed Kimmett cannabis cultivation facility<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/08\/02\/cannabis-wheatons-ca15m-purchase-of-abcann-shares-okd\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":79,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,34,682,5,139,19],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/18235"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=18235"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/18235\/revisions"}],"predecessor-version":[{"id":18236,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/18235\/revisions\/18236"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=18235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=18235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=18235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}