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New Leaf Ventures (CSE:NLV) announces share consolidation

Cannabis
CSE:NLV
08 September 2022 09:00 (EDT)

New Leaf Ventures (NLV) has announced plans to consolidate its common shares.

The company’s shares will be consolidated on a ratio of one new post-consolidated common share for every five old pre-consolidated common shares.

The company currently has 62,770,115 issued and outstanding common shares. Following the consolidation, a total of 12,554,023 shares will be issued and outstanding.

The company’s name and trading symbol will remain the same. 

New Leaf Ventures is a licensed producer and processor of ultra-premium cannabis. The company’s flagship enterprise is New Leaf USA and its subsidiaries.

Shares in New Leaf Ventures (NLV) opened trading at C$0.06.


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