Off-market insider buying at Christina Lake Cannabis (CLC)

Off-market insider buying at Christina Lake Cannabis (C:CLC)

Salvatore Milia, a Director, acquired 438,100 Common Shares on a direct ownership basis at prices ranging from $0.420 to $0.560 through a prospectus or prospectus exempt offering on June 8th, 2021. The insider also acquired 119,050 with an exercise price of $0.650 for 30 months. This represents a $212,002 investment into the company's shares and an account share holdings change of greater than 100%.

One other insider also participated in the deal.

Christina Lake Cannabis is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Christina Lake Cannabis Corp is a Canada-based licensed producer of cannabis. The Company operates in bio-medical, pharmaceutical, and naturopathic sectors, which include developing medical and recreational cannabis products. The Company's facility consists of a 32-acre property, which includes over 950,000 square feet of outdoor grow space, offices, propagation and drying rooms, as well as research facilities, and a facility dedicated to processing and extraction. The Company cultivates cannabis using strains specifically developed for outdoor cultivation and expects to produce 22,500 kg or more from its 32-acre facility.