ZENABIS now has 2 of their brands on sale in Ontario

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Zenabis (ZENA-TSX) is officially on shelves in Ontario via the Ontario Cannabis Stores (OCS.ca) with 2 of their brands: Namaste and Blazery in dry and pre-roll cannabis.

The announcement was made on September 10, 2019 by the company via official news. Since the announcement, several investors have been worried that nothing has appeared on the shelves yet.

Zenabis is currently undergoing restructuring following the appointment of Kevin Coft as its interim chief executive officer and the layoff of approximately 40 people.

“Zenabis is shifting its attention to supply chain efficiency and execution. We have the right team to make Zenabis a profitable, viable long-term industry leader.”

said Jonathan Anthony, director of corporate communications for Zenabis

Zenabis had $ 27.9 million in cash remaining on hand at the end of its third-quarter results

Visit ocs.ca for more info


This article is written and published by The Cannabis Stock



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