reports
Alliance Growers Files $13M Preliminary Short Form Prospectus
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE:1LA) (OTCQB: ALGWF) ("Alliance Growers" or "the Company) is pleased to announce that it has filed a preliminary short form base shelf prospectus in British Columbia, with the British Columbia Securities Commission to qualify the distribution of an aggregate of up to $13,000,000 of units ("Units") of the Company.The base shelf prospectus will enable Alliance Growers to make offerings of up to $13 million of common shares, warrants and units or a combination thereof of the Company from time to...
Alliance Growers Secures $4 Million Equity Facility
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to report the execution of a Share Purchase Agreement with a US Family Office, Global Corporate Finance ("GCF"). New York, NY, USA. Total gross proceeds from the Offering for the Company are expected to be CAD $4 million, before deducting fees and expenses, over several months, being drawn down in multiple tranches at progressively higher prices.The CAD $4 million equity facility offered by GCF, is structured ...
Alliance Growers Closes 2M Unit Lead Order and Engages Fund for $4M Fi...
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2019) - Alliance Growers Corp. (CSE: ACG) (the "Company" or "Alliance") is pleased to announce that it has closed the lead order of 2,000,000 units (the "Units") of the 4,000,000 -unit private placement announced on February 20, 2019 at $0.10 per Unit. Each Unit is comprised of one common share and one transferrable share purchase warrant, entitling the holder to acquire one common share of the Company at a price of $0.15 per share, for a period of two years. On February 27, 2019, Alliance engaged a New York Family Office for a $4 million...
Alliance Announces Tissue Culture Is Going Mainstream
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to confirm Tissue Culture ("TC") Propagation for cannabis and hemp "starts" is becoming mainstream as a solution to solve contamination issues and help increase the profitability of cannabis and hemp growers.The Cannabis Biotech Complex will produce cannabis tissue cultured plantlets utilizing the proprietary, "Chibafreen Invitro Plant Production System," allowing more tissue cultured plantlets to be produced in less sp...
Alliance Growers Announces Financing
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2019) - Alliance Growers Corp. (CSE: ACG) (FWB: 1LA) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 4,000,000 units (the "Units") at a price of $0.10 per Unit, for gross proceeds of up to $400,000. This financing is the precursor to a $4million multi-tranche financing to be announced in the following week."Alliance has now secured multiple on-going financing streams to ensure the Company is able to meet its financial obligations to earn i...
Alliance Growers / Pharmagreen Health Canada Application Advances to S...
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to report that its strategic partner, WFS Pharmagreen Inc. ("Pharmagreen"), the company building the Cannabis Biotech Complex, has been advised by Health Canada that its application under the Cannabis Act and the Cannabis Regulations to obtain a license at the proposed site in Deroche, British Columbia, Canada has advanced from the first stage, 'Intake and Screening', of a three stage process, to the secon...
Alliance Growers Finalizes Definitive Agreement for Cannabis Biotech C...
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to report that it has finalized the definitive agreement with WFS Pharmagreen Inc. ("Pharmagreen"), and its subsidiary 1155097 BC Ltd. (BC Ltd.), to acquire an equity interest in Pharmagreen's subsidiary BC Ltd. (the "Transaction"), the entity which will build and operate the Cannabis Biotech Complex on a 25-acre property near Mission in British Colombia. This definitive agreement solidifies the terms of th...
Alliance Growers to Capitalize on Growing Hemp CBD Market in Canada an...
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2019) - Alliance Growers Corp. (CSE: ACG) (FWB: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to report the Company is extremely well positioned to capitalize on the growing CBD market in Canada's hemp industry by having access to and sharing in the profits of the proprietary CBD Dana strain. The production of hemp, a form of cannabis with THC levels below 0.3%, conjunctively increased the U.S. and the Canadian market size for "CBD Dana" hemp tissue culture plantlets. "Canadians will benefit by ...
Alliance and Pharmagreen Cannabis Biotech Complex Advance Health Canad...
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to announce that the migration to Health Canada's Cannabis Tracking and Licensing System, or CTLS has been completed. The CTLS is Health Canada's worldwide web portal that enables the submission of new license applications, request for amendments and license renewals in addition to submission of monthly tracking reports. The Cannabis Biotech Complex is being jointly developed by Alliance Growers Corp. and P...
Alliance Growers on Track for Success in 2019
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2019) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") is pleased to provide an update of our accomplishments and progress during 2018 and our outlook to a prosperous and fulfilling year of achievements in 2019. We at Alliance Growers are proud of our accomplishments through 2018. We anticipate further accelerated growth for 2019 and look forward to unveiling all our new developments and successes in the very near future."On a global level for the industry, 2019 will be ch...
Alliance and Pharmagreen Estimate the Demand for Cannabis Clones to Ex...
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2018) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance Growers" or "the Company") estimates that the demand for cannabis starts, or clones required by Medical Cannabis Licensed Growers, based on existing operations and considering their expansion plans, could exceed 200 million annually by 2020. Alliance Growers is pleased to announce amended payment terms with WFS Pharmagreen Inc. ("Pharmagreen"), and its subsidiary 1155097 BC Ltd. (BC Ltd.), to acquire a 30% non-dilutive equity interest in Phar...
Alliance and Pharmagreen Biotech Provide Development Update on CBD Dan...
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2018) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance" or "the Company") is pleased to announce that with the passing of the US 2018 Farm Bill by Congress legalizing the production of hemp, a form of cannabis with THC levels below 0.3%, conjunctively increased the U.S. market size for "CBD Dana" hemp tissue culture plantlets. Cannabidiol, or CBD, is a compound found in cannabis that is popping up all over the U.S. market. Currently, CBD generates $418 million in sales, with expectations to in...
Alliance Announces its Contribution to Maximize Cannabis Industry Prod...
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2018) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance" or "the Company") is pleased to announce how the Company's cutting edge facility will contribute to the maximization of the supply of quality cannabis production with the use of tissue culture starter plantlets to be produced at the Company's Cannabis Biotech Complex, in B.C., Canada. The Cannabis Biotech Complex, being developed with its partner, WFS Pharmagreen Inc. ("Pharmagreen") is under construction and is anticipated to be completed in ...
Alliance Growers Commences Trading under Trading Symbol ALGWF on OTCQB...
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTCQB: ALGWF) ("Alliance" or "the Company") is pleased to announce that it has received approval from the OTC Markets Group to be listed on the OTCQB Venture Market as of November 27, 2018, under the OTCQB ticker symbol ALGWF.Dennis Petke, CEO of Alliance Growers, stated: "We are pleased to be listed on the OTCQB, as this provides an opportunity to attract a broader base of US and international investors with a transparent trading platform that will help to maximize t...
Alliance Growers Commences Site Work at Cannabis Biotech Complex
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2018) - Alliance Growers Corp. (CSE: ACG) (FWB: 1LA) (WKN: A2DFYX) ("Alliance" or "the Company") is pleased to announce that its partner in the development of the Cannabis Biotech Complex, WFS Pharmagreen Inc. ("Pharmagreen") has commenced pre-construction ground work. The site work has started for the drilling of three water wells that will supply the Cannabis Biotech Complex commenced on October 31, 2018. Two wells will be used for primary water supply and the third well will be for back up. The water discharge from the irrigati...
Alliance Growers Engages Groupe Icore to Begin Construction on Expande...
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2018) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTC: ALGWF) ("Alliance Growers" or the "Company") is pleased to announce that the Company has engaged Groupe Icore to manage the construction of the Company's Quebec facility undertaking an Access to Cannabis for Medical Purposes Regulations ("ACMPR") application via BiocannaTech, the Company's wholly owned subsidiary located in Ville Mont Royal, Quebec. Alliance has leased the adjacent building for Phase 2 expansion on favourable terms. These two buildings are the on...
Alliance Growers Cannabis Biotech Complex Receives Final Board Approv...
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2018) - Alliance Growers Corp. (CSE: ACG) (FWB: 1LA) (WKN: A2DFYX) (OTC: ALGWF) ("Alliance Growers" or the "Company") is pleased to announce that that its partner in the development of the Cannabis Biotech Complex, WFS Pharmagreen Inc. ("Pharmagreen"), received final board approval from the regional government to apply for the development permit for its Cannabis Biotech Tissue Culture Complex project. It was approved by way of the following resolution which was passed by the Fraser Valley Regional District Board on September 25th meeti...
Alliance Growers Receives Final Permits, Begins Construction at Quebec...
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2018) - Alliance Growers Corp. (CSE: ACG) (FSE: 1LA) (WKN: A2DFYX) (OTC: ALGWF) ("Alliance Growers" or the "Company") is pleased to announce that all local permits are in place for construction to commence at BiocannaTech, the Company's wholly owned Quebec facility undertaking an Access to Cannabis for Medical Purposes Regulations ("ACMPR") application in Montreal, Quebec. Architectural design plans for the construction of the facility have been completed, permits received and demolition has commenced at the site on September 20, 201...
Alliance Growers Continues to Close Multiple Tranches of the $2,000,00...
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2018) - Alliance Growers Corp. (CSE: ACG) (the "Company") is pleased to announce that it has closed a fourth tranche of 5,184,856 units (the "Units") on September 24, 2018 at $0.14 per Unit for proceeds of $725,880, getting the Company closer to completing the $2,000,000 private placement.Each Unit of the private placement announced on August 27, 2018 consists of 1 common share and 1 transferable common share purchase warrant exercisable for three years at $0.20. To date, the Company has raised $1,350,706 with the issuance of 9,647,8...
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