Fiore Cannabis: M&A In Colorado, Non-Binding Term Sheet For Financing Up To C$30M With Institutional Fund
Fiore Cannabis: M&A In Colorado, Non-Binding Term Sheet For Financing Up To C$30M With Institutional Fund
Fiore Cannabis Ltd. (CSE:FIOR) (OTCQB:FIORF) a company that intends to become a vertically integrated Canadian-American multi-state operator announced the closing of its Colorado merger with Unified Global on May 13, 2022.
菲奧雷大麻有限公司(CSE：FIOR)(OTCQB：FIORF)一家打算成為加拿大-美國多州垂直整合運營商的公司於2022年5月13日宣佈結束與統一全球公司的科羅拉多州合併。
"This transaction enables the combined company to be a powerhouse platform for consolidating profitable operators with enhanced opportunities for cannabis entrepreneurs, investors, and stakeholders," stated Fiore in a press release.
菲奧雷在一份新聞稿中説：“這筆交易使合併後的公司成為整合盈利運營商的強大平臺，為大麻企業家、投資者和利益相關者提供了更多機會。”
The company seeks to improve its revenue-generating operations in Nevada and California and aggregate up to C$50 million of revenue opportunities after the transaction with Unified Global. Fiore intends to use the proceeds of the financing to fund the various acquisitions and corporate needs that support its corporate expansion strategy.
該公司尋求改善其在內華達州和加利福尼亞州的創收業務，並在與統一全球的交易後總計高達5000萬加元的收入機會。Fiore打算將融資所得用於支持其公司擴張戰略的各種收購和公司需求。
The Fiore and Unified Global combination is focused on closing up to 41 retail cannabis retail locations and cultivation facilities in Colorado, Oregon and Alberta to create the first Canadian-American multi-state operator (Can-Am MSO).
Fiore和統一全球公司的合併重點是關閉科羅拉多州、俄勒岡州和艾伯塔省的多達41個大麻零售點和種植設施，以創建第一家加拿大裔美國多州運營商(CAN-AM MSO)。
Management Commentary
管理評論
"I'm very excited we have merged Unified Global with Fiore and will be leveraging the leadership from the talented Unified Global team that has over 100 combined years of cannabis experience when combined with Fiore's team. Unified Global has built out an amazing acquisition program and integration infrastructure, and is currently working with a US$200 million pipeline of M&A opportunities," said Paul Lufkin, executive chairman and CEO of Unified Global, a subsidiary of Fiore.
他説：“我非常高興我們已經將統一全球公司與菲奧雷公司合併，並將利用才華橫溢的統一全球公司團隊的領導力，該團隊在與菲奧雷的團隊結合時，擁有超過100年的大麻經驗。統一全球公司已經建立了一個令人驚歎的收購計劃和整合基礎設施，目前正在處理一個價值2億美元的併購機會管道。”保羅·盧夫金，Fiore的子公司統一全球的執行主席兼首席執行官。
"We are actively growing our company as we look to consolidate profitable cannabis operators and generate enhanced options for cannabis entrepreneurs and investors," Lufkin added. "This flexible financing option can play a vital role in providing us the dry powder to continue executing on our growth strategy and to drive shareholder value."
“我們正在積極發展我們的公司，因為我們希望整合盈利的大麻運營商，併為大麻企業家和投資者創造更多的選擇，”盧夫金補充道。這種靈活的融資選擇可以在為我們提供乾粉以繼續執行我們的增長戰略和推動股東價值方面發揮至關重要的作用。“
Financing From Institutional Fund
從機構資金中融資
On May 16, Fiore signed a non-binding term sheet for financing up to C$30 million in Fiore common shares "with an institutional fund proven to be supportive of the cannabis industry," according to a company press release. "This financing was one of the relationships that were brought in by Unified as part of the merger."
根據公司新聞稿，5月16日，Fiore簽署了一份不具約束力的條款説明書，為Fiore普通股提供高達3000萬加元的融資，“機構基金被證明支持大麻行業”。這筆融資是聯合公司作為合併的一部分引入的關係之一。“
The term sheet is subject to final due diligence and the parties entering into a definitive binding agreement, which is expected to be entered into within 30 days. Common shares will be issued at a price equal to the previous 15-day closing price of the common shares, minus a 10% discount.
條款説明書將經過最終盡職調查，各方將達成最終的具有約束力的協議，預計將在30天內達成。普通股將以相當於普通股前15天收盤價減去10%折扣的價格發行。
Fiore will release further particulars concerning the financing once the parties have entered into a binding definitive agreement. "There is no assurance that the financing will occur or that the parties will enter into a definitive agreement on the terms described or at all," per the release.
菲奧雷將公佈更多細節一旦雙方訂立了具有約束力的最終協議，關於融資的問題。根據新聞稿，“不能保證融資會發生，也不能保證雙方會就所描述的條款達成最終協議，或者根本不能。”
Image By Ilona Szentivanyi.
圖片作者：Ilona Szentivanyi。
譯文內容由第三人軟體翻譯。