Saturday, May 28, 2022
High Yields Cannabis/Marijuana/ Weed News
  • Home
  • Cannabis Stocks
  • Cannabis Strains
  • Cannabis Laws
    • Marijuana Laws in All 50 States
    • International Marijuana Laws 2021
  • Product Reviews
  • Growing
  • Write for Us
No Result
View All Result
  • Home
  • Cannabis Stocks
  • Cannabis Strains
  • Cannabis Laws
    • Marijuana Laws in All 50 States
    • International Marijuana Laws 2021
  • Product Reviews
  • Growing
  • Write for Us
No Result
View All Result
High Yields
No Result
View All Result
Home Cannabis Stock Quotes & News

MYM’s Acquisition by IMCC Receives Positive Recommendations

Jeremy Vedder by Jeremy Vedder
June 28, 2021
in Cannabis Stock Quotes & News
0
MYM’s Acquisition by IMCC Receives Positive Recommendations

Glass Lewis and Institutional Shareholder Services recommend that MYM shareholders vote FOR Transaction with IMCC

Over 90% of committed and tallied common shares are being voted in favour of the Transaction

READ ALSO

HEMPSANA Announces Q1 2022 Financial Results

Akerna Announces Corporate Restructuring

VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — MYM Nutraceuticals Inc., (CSE: MYM) (OTCBB: MYMMF) (“MYM” or the “Company”) is pleased to announce that both Glass, Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services Inc. (“ISS”), the two leading independent proxy advisory firms that provide voting recommendations to shareholders, have each issued positive reviews of the proposed acquisition of MYM by IM Cannabis Corp. (“IMCC”) announced on April 1, 2021 (the “Transaction”). Both Glass Lewis and ISS recommend that MYM shareholders vote in favour of the resolution to be voted on at the special meeting of shareholders to be held on July 5, 2021.

A total of 66 & 2/3rds of all common shares voted are required to approve the Transaction as well as a majority of the minority vote in accordance with Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). To date, including those who have entered into support agreements, over 90% of overall committed and tallied common shares are being voted in favour of the Transaction.

The votes attached to the common shares owned by Michael Wiener, Chief Executive Officer (14,214,286 common shares held), Laird Choi, VP, Human Resources and Corporate Services (4,652,837 common shares held) and Robert Wolf, Independent Director (2,857,143 common shares held) will be excluded for purposes of the Transaction approval required by MI 61-101.

MYM shareholders of record at the close of business on May 31, 2021 are eligible to vote at the special meeting. Full details of the Transaction and the matters to be voted on at the meeting are described in the management information circular and related meeting materials that were mailed to shareholders on or before June 10, 2021. All of the meeting materials can be downloaded from SEDAR at www.sedar.com.

To proactively deal with the unprecedented public health impact of COVID-19, the meeting will be held in a virtual only format which will be conducted via live audio webcast online at https://web.lumiagm.com/419800178 at 11:00 a.m. (Vancouver time) on July 5, 2021.

About MYM Nutraceuticals Inc.

MYM is a Canadian cultivator, processor, and distributor of premium cannabis via its two wholly owned subsidiaries – SublimeCulture Inc., in Laval, QC and Highland Grow Inc., in Antigonish, NS.

MYM shares trade in Canada, Germany and the United States under the following symbols: (CSE: MYM) (OTC: MYMMF) (FRA:0MY) (DEU:0MY) (MUN:0MY) (STU:0MY).

ON BEHALF OF THE MYM BOARD
Michael Wiener, CEO
MYM Nutraceuticals Inc.
www.mym.ca

Investor Relations
Toll-free: (800) 232-0316
Email: inquiries@dfking.com

Keep up to date with MYM on our social media channels:

Twitter: https://twitter.com/mymnutra
Facebook: https://www.facebook.com/mymnutra
Instagram: https://www.instagram.com/mym.ca/
LinkedIn: https://www.linkedin.com/company/mymnutra/

About IM Cannabis Corp.
IMC is an MCO in the medical and adult-use recreational cannabis sector, headquartered in Israel and with operations In Israel, Germany and Canada. Over the past decade, the Company believes that the IMC brand has become synonymous with quality and consistency in the Israeli medical cannabis market. The Company has also expanded its business to offer intellectual property-related services to the medical cannabis industry.

In Europe, IMC operates through Adjupharm GmbH (“Adjupharm“), a German-based subsidiary and EU GMP-certified medical cannabis processor and distributor. IMC’s European presence is augmented by strategic alliances with various pan-European EU-GMP cultivators and distributors to capitalize on the increased demand for medical cannabis products in Europe and bring the IMC brand and its product portfolio to European patients.

In Canada, IMC operates through Trichome JWC Acquisition Corp. (“JWC“). JWC is a licensed producer located in Kitchener, Ontario, selling cannabis flower, pre-rolls, hash and kief in the Canadian recreational cannabis market under the JWC and Wagners brands. JWC operates with high standards for providing clean, consistent, aeroponically-grown premium cannabis products to medical patients and the adult-use market throughout Canada and the world. On March 31, 2021, IMC entered into a definitive agreement to acquire MYM Nutraceuticals Inc. (“MYM“) and its licensed producer subsidiary, Highland Grow Inc. This transaction, if completed, will reinforce IMC’s goal of being a leading global premium cannabis producer and purveyor.

Disclaimer for Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws about MYM’s current expectations, estimates and projections about the future, based on certain assumptions made in light of experiences and perceptions of historical trends. Although MYM believes that the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Investors should not place undue reliance on forward-looking information, which is inherently uncertain. Actual results may materially differ from the expectations represented in the forward-looking information in this press release.

Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking information in this press release includes (i) statements about the expected voting of persons that are contractually committed to vote in favour of the Transaction but have not yet submitted their proxy, and (ii) statements about the share ownership of certain individuals who will be excluded from voting for the purposes of the Transaction approval required by MI 61-101.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Related Posts

HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan
Cannabis Stock Quotes & News

HEMPSANA Announces Q1 2022 Financial Results

May 27, 2022
American Green, Inc.™ (OTC:ERBB) Earns Five Year Cannabis
Cannabis Stock Quotes & News

Akerna Announces Corporate Restructuring

May 27, 2022
One man killed, one wounded in Valinda shooting
Cannabis Stock Quotes & News

Rubicon Organics Inc. Announces Change of Auditor and

May 27, 2022
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan
Cannabis Stock Quotes & News

Sugarbud Announces Second Tranche Closing of Convertible

May 27, 2022
MedMen’s Tracy McCourt appointed President of West Hollywood cannabis organization
Cannabis Stock Quotes & News

EnWave Reports 2022 Second Quarter Consolidated Interim

May 27, 2022
American Green, Inc.™ (OTC:ERBB) CBD Water with Vessl® Cap
Cannabis Stock Quotes & News

Water Ways Reports Q1 2022 Financial Results Sales of

May 27, 2022
Next Post
RI Senate votes to legalize cannabis (Newsletter: June 23, 2021)

Supreme Court Justice Clarence Thomas Slams Feds' Marijuana Stance As 'Contradictory' And 'Unstable'

  • Trending
  • Comments
  • Latest
Monthly Spotlight: The Best of Plain Jane CBD

Monthly Spotlight: The Best of Plain Jane CBD

April 8, 2022
The Ultimate Dr. Dabber Stella Vaporizer Review for 2022

The Ultimate Dr. Dabber Stella Vaporizer Review for 2022

April 19, 2022
volcano hybrid review 2022

The 2022 Volcano Hybrid Vaporizer Review: All You Need To Know

May 23, 2022
The Utillian 5 v3 Wax Pen Review for 2022

The Utillian 5 v3 Wax Pen Review for 2022

March 27, 2022

The 7 Best Smell-Proof Weed Bags To Keep Your Bud Stash Safe

April 27, 2022
The Best Synthetic Urine Kit to Pass Your Drug Test in 2022

The Best Synthetic Urine Kit to Pass Your Drug Test in 2022

May 23, 2022
The 10 Best Smell Proof Backpacks for Weed in 2022

The 10 Best Smell Proof Backpacks for Weed in 2022

May 5, 2022
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan

HEMPSANA Announces Q1 2022 Financial Results

May 27, 2022
Former NFL Running Back Marshawn Lynch Launches Premium Blunt Brand

Former NFL Running Back Marshawn Lynch Launches Premium Blunt Brand

0
Major Marijuana Coalition Forms To Coordinate Legalization Push, But Some Key Advocacy Players Aren’t Involved

Major Marijuana Coalition Forms To Coordinate Legalization Push

0
MMJRecs - cannabis leaf

How Medical Marijuana Can Help Treat Sleep Disorders

0
Colorado Cannabis Sales Exceed $2 Billion in 2020

Colorado Cannabis Sales Exceed $2 Billion in 2020

0
HEXO Corp.’s Shareholders Overwhelmingly Approve Redecan

HEMPSANA Announces Q1 2022 Financial Results

May 27, 2022
American Green, Inc.™ (OTC:ERBB) Earns Five Year Cannabis

Akerna Announces Corporate Restructuring

May 27, 2022
American Green, Inc.™ (OTC:ERBB) Earns Five Year Cannabis

California Marijuana Tax Revenue Nears $4 Billion, But Growth Has Stalled, State Analysts Say

May 27, 2022
One man killed, one wounded in Valinda shooting

Rubicon Organics Inc. Announces Change of Auditor and

May 27, 2022

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • March 2020

Categories

  • 1933 Industries
  • 4front Ventures
  • Acreage Holdings
  • Ascend Wellness
  • Ayr Wellness
  • Body & Mind
  • C21 Investments
  • Cannabis Stock Quotes & News
  • Cansortium Inc
  • Captor Capital
  • Ceres Acquisition Corp
  • Chalice Brands
  • Columbia Care
  • Cresco Labs
  • CuraLeaf
  • Gage Growth
  • Glass House Brands
  • Green Thumb Industries
  • Grown Rogue International
  • Harborside
  • Item 9 Labs
  • Jushi Holdings
  • Lowell Farms
  • MariMed
  • MedMen Enterprises
  • News
  • Next Green Wave
  • Planet 13
  • Plus Products
  • Product Reviews
  • Red White & Bloom
  • SLANG Worldwide
  • Sol Global Investments
  • TerrAscend
  • TILT Holdings
  • Trulieve
  • Verano Holdings
  • Vext Sciences
  • Vibe Growth

Recent Posts

  • HEMPSANA Announces Q1 2022 Financial Results
  • Akerna Announces Corporate Restructuring
  • California Marijuana Tax Revenue Nears $4 Billion, But Growth Has Stalled, State Analysts Say
  • Rubicon Organics Inc. Announces Change of Auditor and

QR Code

MYM’s Acquisition by IMCC Receives Positive Recommendations
No Result
View All Result
  • Homepages
    • Home Page 1
  • News

© 2021 High Yields