Thursday, April 18, 2019 6:39:10 PM
April 17, 2019 – Toronto, ON – Cannabis Growth Opportunity Corporation (“CGOC”, or the “Company”) (CSE: CGOC), a cannabis-focused investment corporation with both public and private cannabis holdings, announces the company’s updated net asset value per common share (“NAV”) of $3.54 at the close of business on April 15, 2019. This represents growth of 53% since our Initial Public Offering on January 26, 2018, or 27.8% year to date.
CGOC is now approximately 98% percent invested in companies operating in Canada, the U.S., Jamaica and Israel. CGOC’s top ten public investments as of April 15, 2019 (in alphabetical order) are: Indus Holding Company (not yet public), C21 Investments Corp. (CSE : CXXI), Cannex Capital Holdings Inc. (CSE : CNNX), GR Companies Inc (note yet public), ICC International Cannabis Corporation (CSE: WRLD.U), Indiva Limited (TSX-V: NDVA), LPF Investment Corp. (not yet public), Ravenquest BioMed Inc. (CSE: RQB), Vireo Health Inc. (CSE: VREO) and VIVO Cannabis (TSX-V : VIVO).
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