frequently
asked questions
In the area below, we've answered some of the most frequently asked questions. Please do not hesitate to contact us if you have more questions.
1Why Invest in Cannara Biotech?
2Who is Cannara Biotech?
Cannara Biotech Inc. (TSXV : LOVE) (OTCQB : LOVFF) (FRA : 8CB) is a vertically integrated producer of premium‐grade cannabis and cannabis‐derivative products for the Quebec and Canadian markets.
The Company’s main focus is to deliver craft‐quality products at disruptive retail pricing, continuous rotation of rare genetics, community responsiveness and transparency to collectively add to its value proposition.
Leveraging the provinces low electricity and labor rates, Cannara owns two mega Quebec‐ based facilities spanning over 1,650,000 sq. ft., providing up to 125,000kg of annualized cultivation output.
3What is Cannara Biotech’s stock symbol?
Cannara Biotech Inc. is traded on Toronto’s TSX Venture Exchange (TSXV) under the symbol LOVE, on the OTC Markets (OTCQB) under the symbol , and on the Frankfurt Exchange (FRA) under the symbol 8CB.
4When and where was Cannara Biotech incorporated and when did it become public?
Cannara Biotech Inc. was incorporated under the laws of British Colombia in 2018. Cannara Biotech Inc. became a public company on the CSE in January 2019.
5Where is Cannara Biotech located?
The head office is located at 333 rue Decarie, suite 200, Montreal, Quebec, H4N 3M9. The Farnham facility is located at 1144 Magenta East, Farnham, Quebec, J2N 1C1. The Valleyfield facility is located at 1175 Boulevard Gérard-Cadieux, Salaberry-de-Valleyfield, Quebec, J6T 6L3.
6When is Cannara Biotech’s fiscal year-end?
Cannara Biotech’s fiscal year end is August 31st
7Who is Cannara Biotech’s external legal counsel?
Dentons Canada S.E.N.C.R.L.
1, Place Ville Marie, bureau 3900 Montréal (Québec) H3B 4M7 Canada
8Who is Cannara Biotech’s external audit firm?
KPMG s.r.l./S.E.N.C.R.L.
KPMG Tower, 600 boul. De Maisonneuve West, Suite 1500 Montreal, Quebec H3A 0A3
9Who is Cannara Biotech’s transfer agent?
Computershare 100 university Ave, 8th Floor, Toronto, ON, M5J 2Y1
10Who is the contact for Investor relations at Cannara Biotech?
Nicholas Sosiak, CPA, CA
Chief Financial Officer
514-543-4200 ext 254
nick@cannara.ca
11Can a U.S. citizen buy stocks listed on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV)?
Yes.
12As a U.S. investor, how do I trade stocks listed on the TSX and TSXV?
Option #1: Trade through these U.S. online brokerages (Interactive Brokers, Fidelity, Schwab). These platforms allow U.S. retail investors to trade nearly all TSX and TSXV-listed issuers. For Interactive Brokers and Fidelity’s International Platform, investors will be able to access full quotes for TSX and TSXV symbols, quoted in Canadian dollars. On Schwab’s platform, investors will need to use the stock’s OTC ticker to trade it. Schwab investors will only be able to execute their trades in USD.
Option #2: Call your broker: Not all U.S. brokerage firms offer access to every stock trading on the TSX or TSXV. Some brokerages offer trading access, but limited quote information. Call your broker to find out if they provide full quotes and direct trading for the stock you wish to trade. If your broker does not offer trading for that stock, then you may consider contacting one of the online brokerage firms under FAQ 2(i) above.