JWCAF - James E. Wagner Cultivation Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
0.0090
+0.0032 (+56.52%)
At close: 3:28PM EDT
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Previous Close0.0058
Open0.0090
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0069 - 0.0090
52 Week Range0.0003 - 0.5036
Volume31,603
Avg. Volume30,654
Market Cap1.259M
Beta (5Y Monthly)-0.74
PE Ratio (TTM)N/A
EPS (TTM)-0.1050
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CNW Group

    James E. Wagner Announces Court Approval of Sale of Assets

    KITCHENER, ON, June 2, 2020 /CNW/ - James E. Wagner Cultivation Corporation (the "Corporation") (NEX: JWCA.H; OTCQX: JWCAF) is pleased to announce that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (the "CCAA") and previously announced Sales and Investor Solicitation Process (the "SISP") that concluded on May 19, 2020 with Trichome Financial Corp. ("Trichome Financial") emerging as the "Successful Bidder", the Corporation and its subsidiaries (the "JWC Group") today received authorization from the Ontario Superior Court of Justice (Commercial List) (the "Court") to complete the sale of substantially all of the JWC Group's assets, as contemplated by the SISP, to an affiliate of Trichome Financial (the "Transaction"). The closing of the Transaction is currently set to occur on or before June 30, 2020, provided that all remaining conditions are satisfied.

  • CNW Group

    James E. Wagner announces conclusion of Sales and Investor Solicitation Process with Trichome Financial Corp. as the "Successful Bidder"

    KITCHENER, ON , May 19, 2020 /CNW/ - James E. Wagner Cultivation Corporation (the "Corporation") (NEX: JWCA.H; OTCQX: JWCAF) announced today that, in connection with its consensual restructuring under the Companies' Creditors Arrangement Act (the "CCAA") and previously announced Sales and Investor Solicitation Process (the "SISP"), Trichome Financial Corp. ("Trichome Financial") has emerged as the "Successful Bidder". On April 1, 2020 , the Corporation announced that it and its subsidiaries (the "JWC Group") had obtained an initial order from the Ontario Superior Court of Justice (Commercial List) (the "Court") for protection under the CCAA in order to restructure the JWC Group's business and financial affairs.

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    Which pot stocks will survive? Measuring cannabis bankruptcy risk

    With the global economy withering under the COVID-19 pandemic, the odds of a wave of bankruptcies wiping out underperforming cannabis firms are on the rise.

  • CNW Group

    James E. Wagner Commences Sales and Investor Solicitation Process

    KITCHENER, ON , April 13, 2020 /CNW/ - James E. Wagner Cultivation Corporation (the "Corporation", and together with its subsidiaries, "JWC") (NEX: JWCA.H; OTCQX: JWCAF), announced today that, in connection with its consensual restructuring under the Companies' Creditors Arrangement Act (the "CCAA"), it has received approval from the Ontario Superior Court of Justice (Commercial List) (the "Court") to commence its previously announced Sales and Investor Solicitation Process (the "SISP"), to be carried out by Stoic Advisory Inc. under the supervision of the Special Committee of the Board of Directors of the Corporation and KSV Kofman Inc., as monitor in the CCAA proceedings (the "Monitor"). The Court also approved the appointment of Howard Capital LLC (the managing member and sole owner of which is Howard Steinberg ) as the Chief Restructuring Officer of JWC and granted an extension of the stay of proceedings granted in connection with JWC's CCAA proceedings until June 26, 2020 .

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    800 fired from pot jobs in malls, and other cannabis stories you may have missed

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  • CNW Group

    James E. Wagner Granted Initial Order Under the CCAA

    As announced earlier today, JWC and Trichome Financial Corp. ("Trichome Financial") have agreed to a consensual restructuring (the "Restructuring") pursuant to which (i) Trichome Financial will provide interim financing over the term of the Restructuring of up to $4 million under a Debtor-in-Possession Loan ("DIP Loan"); and (ii) Trichome Financial has agreed to purchase the assets of JWC pursuant to an Asset Purchase Agreement that contemplates that Trichome Financial will be the "stalking-horse" in a Sales and Investor Solicitation Process. The Initial Order provides for a broad stay of proceedings and the exercise and enforcement of rights and remedies against the JWC Group.

  • CNW Group

    James E. Wagner Agrees to Consensual Restructuring

    James E. Wagner to seek protection under Companies' Creditors Arrangement Act Trichome Financial to provide up to $4 million in DIP Loan financing Special Committee will conduct a Sales and Investment ...

  • Should You Take Comfort From Insider Transactions At James E. Wagner Cultivation Corporation (CVE:JWCA)?
    Simply Wall St.

    Should You Take Comfort From Insider Transactions At James E. Wagner Cultivation Corporation (CVE:JWCA)?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

  • GlobeNewswire

    James E. Wagner Cultivation Announces Closing of $1.2 Million Convertible Security under Second Funding Agreement With Lind Global Macro Fund, LP

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA; OTCQX: JWCAF), is pleased to announce that on March 16, 2020 (the “Closing Date”), it received CDN$1.2 million (the “Convertible Security”) from Lind Global Macro Fund, LP, an entity managed by The Lind Partners (together, “Lind”), pursuant to the convertible security funding agreement dated March 10, 2020 (the “CSA”) between JWC and Lind. In addition, on the Closing Date, JWC issued Lind 4,616,123 warrants (the “Warrants”) to purchase common shares of JWC, exercisable until March 16, 2022 at an exercise price of CDN$0.13 ‎per common share.

  • GlobeNewswire

    James E. Wagner Cultivation Positioned to be the First to Launch Kief Products into PEI

    JWC received its first purchase order from the PEI Cannabis Management Corporation, operating under the branded name PEI Cannabis, for two of the Corporation’s Kief products. This agreement marks the launch of JWC’s products for sale in the PEI adult-use cannabis market via the PEI Cannabis online store, the province’s cannabis retail platform.

  • GlobeNewswire

    James E. Wagner Cultivation Receives First Purchase Order From the Ontario Cannabis Retail Corporation

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX: JWCA.V; OTCQX: JWCAF) is pleased to announce that it has received its first purchase order from the Ontario Cannabis Retail Corporation, operating as the Ontario Cannabis Store (“OCS”). This agreement marks the launch of JWC’s products for sale in the Ontario recreational market via the OCS online store, the province’s cannabis retail platform.

  • GlobeNewswire

    James E. Wagner Cultivation Announces Second Convertible Security Funding Agreement With Lind Global Macro Fund, LP

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA; OTCQX: JWCAF), is pleased to announce that it has entered into a convertible security funding agreement dated March 10, 2020 (the “CSA”), for CDN$1.2 million (the “Convertible Security”) with Lind Global Macro Fund, LP, an entity managed by The Lind Partners (together “Lind”). JWC intends to use the proceeds of the Convertible Security for general working capital purposes.

  • GlobeNewswire

    James E. Wagner Cultivation Announces Appointment of New Independent Director

    The JWC Board will now consist of six members in total. Mr. Steinberg has been nominated to act as a director of the Board by Trichome Financial Corp. (“Trichome”) pursuant to the terms of the previously announced loan agreement between JWC and Trichome dated February 19, 2020.

  • GlobeNewswire

    James E. Wagner Cultivation to Present at the 32nd Annual ROTH Conference on March 15-17, 2020

    James E. Wagner Cultivation Ltd. (“JWC” or the “Corporation”) (TSXV: JWCA; OTCQX: JWCAF), a cannabis brand focused on producing clean, consistent cannabis grown using its advanced and proprietary GrowthSTORM™ aeroponic platform, has been invited to present at the 32nd Annual ROTH Conference being held at The Ritz Carlton, Laguna Niguel in Orange County, California, on March 15-17, 2020. Last year, the ROTH Conference hosted close to 550 participating companies and more than 5,100 attendees, including institutional investors, analysts, family offices and high net worth investors. Nathan Woodworth, president and CEO of JWC, is scheduled to present in one-on-one meetings with institutional analysts and investors.

  • GlobeNewswire

    James E. Wagner Cultivation Launches 2.0 Products

    This release marks the launch of JWC’s first cannabis 2.0 products into the Canadian market. The kief and the pre-rolls are prepared using single origin lots of cannabis grown with JWC’s proprietary GrowthSTORM™ aeroponic cultivation platform. JWC is commencing its launch of these two product formats into the Canadian market later today via JWC’s online medical shop, which is accessible through its website www.jwc.ca.

  • GlobeNewswire

    James E. Wagner Cultivation Corporation Announces Stock Option Grants

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA), announced today the grant of incentive stock options as compensation to each of its independent directors. Each of the three independent directors of the Corporation has been granted options to purchase 50,000 common shares (“Shares”) of the Corporation at an exercise price of $0.17 per share.

  • GlobeNewswire

    James E. Wagner Cultivation Corporation Signs A Memorandum of Understanding With CannNext (the Netherlands)

    KITCHENER, Ontario, Feb. 27, 2020 -- James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX: JWCA.V; OTCQX: JWCAF), is pleased to announce that it has.

  • GlobeNewswire

    James E. Wagner Cultivation Reports Fiscal First Quarter 2020 Financial Results

    James E. Wagner Cultivation Corporation (TSX VENTURE: JWCA; OTCQX: JWCAF), a premium cannabis brand focused on producing clean, consistent cannabis grown using its advanced and proprietary GrowthSTORM™ aeroponic platform, reported financial results for its fiscal first quarter ended December 31, 2019. Received licensing amendment from Health Canada to double JWC2’s licensed production capacity to 44,500 square feet, which would be an annualized production capacity of more than 9,000 kilos of dried cannabis. The store is anticipated to be the Waterloo region’s first retail cannabis store located on a licensed cultivation site, and will serve the area’s 500,000 inhabitants.

  • GlobeNewswire

    James E. Wagner Cultivation Announces Closing of $1.15 Million Advance Under Amended Loan Agreement and Issuance of Bonus Shares

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA; OTCQX: JWCAF‎), is pleased to announce that on February 19, 2020, the Corporation closed the second tranche of the loan in the amount of CDN$1,150,000 (the “Loan”) pursuant to the previously disclosed amended and restated loan agreement dated November 6, 2019, as amended January 9, 2020 (the “Loan Agreement”), between, among others, JWC and Trichome Financial Corp. (the “Lender”).

  • GlobeNewswire

    James E. Wagner Cultivation Reaches Supply Agreement with OCS and Prepares to Launch Products into Recreational Market

    This agreement marks the launch of JWC’s products for sale into the recreational market. The agreement provides the framework for JWC to supply its aeroponically grown cannabis products to the OCS, making them available for purchase through the OCS online store and nearly 30 private retail stores across Ontario.

  • GlobeNewswire

    James E. Wagner Cultivation Sets Fiscal Q1 2020 Earnings Conference Call for Friday, February 21, 2020 at 3:00 p.m. ET

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX: JWCA.V; OTCQX: JWCAF), a premium cannabis brand focused on producing clean, consistent cannabis grown with its GrowthSTORM™ aeroponic platform, will host an investor and analyst conference call on Friday, February 21, 2020 at 3:00 p.m. Eastern time to discuss results for its fiscal first quarter ended December 31, 2019. The Corporation intends to file its fiscal first quarter financial statements on SEDAR at www.sedar.com before market open on February 21, 2020, prior to the issuance of the earnings press release and call. Management of JWC will host the call, followed by a question and answer period.

  • GlobeNewswire

    James E. Wagner Cultivation Announces Final Closing of $2.3 Million Private Placement

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA; OTCQX: JWCAF), is pleased to announce that it has closed the fourth and final tranche (the “Fourth Tranche”) of its previously announced non-brokered private placement of units (each, a “Unit”) of the Corporation (the “Offering”). In the Fourth Tranche, the Corporation issued a total of 2,380,952 Units at a purchase price of $0.21 per Unit, to raise gross proceeds of $500,000. Each Unit is comprised of one common share of the Corporation (a “Common Share”) and one half of one common share purchase warrant (each full warrant, a “Warrant”).

  • GlobeNewswire

    James E. Wagner Cultivation Announces Closing of Third Tranche and Extension of its up to $7,500,000 Private Placement

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA; OTCQX: JWCAF), is pleased to announce that it has closed the third tranche (the “Third Tranche”) of its previously announced non-brokered private placement of units (each, a “Unit”) of the Corporation (the “Offering”). Upon closing of the Third Tranche, the Corporation issued a total of 1,570,000 Units at a purchase price of $0.21 per Unit, to raise gross proceeds of $329,700.00.

  • GlobeNewswire

    James E. Wagner Cultivation Announces Closing of the Second Tranche of its up to $7,500,000 Private Placement

    James E. Wagner Cultivation Corporation (“JWC” or the “Corporation”) (TSX VENTURE: JWCA; OTCQX: JWCAF), is pleased to announce that on January 27, 2020, it closed the second tranche (the “Second Tranche”) of its previously announced non-brokered private placement of units (each, a “Unit”) of the Corporation (the “Offering”). Upon closing of the Second Tranche, the Corporation issued a total of 2,420,238 Units at a purchase price of $0.21 per Unit, to raise aggregate gross proceeds of $508,250.00. Each Unit is comprised of one common share of the Corporation (a “Common Share”) and one half of one common share purchase warrant (each full warrant, a “Warrant”).

  • GlobeNewswire

    James E. Wagner Cultivation Corporation Takes Next Step to Open Farm-Gate Store at Kitchener, Ontario Cultivation Facility

    JWC is in the process of fulfilling the provincial legal requirements to begin planning the renovation of its existing location which is adjoining its 345,000 square foot flagship cultivation facility (“JWC2”) located at 530 Manitou Drive in Kitchener, Ontario. As recently announced, the 2,000 square foot outlet is expected to be Waterloo Region’s first retail cannabis store located on a licensed cultivation site.