Terrace Global
Finance · Canada · <25 Employees
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About
Headquarters
1133 Yonge St Ste 300, Toronto, Ontario, M4T 1W...Website
www.terraceglobal.caRevenue
<$5 MillionIndustry
Who is Terrace Global
Terrace Global is a multi-country operator (MCO) led by experienced cannabis entrepreneurs focused on the development and acquisition of internatio nal cannabis assets. Terrace Global's focus is on federally legal jurisdictions with existing domestic demand, low cost inputs and approved for exportation. Terrace Global's existing asset platform consists of: (1) a 33.75% indirect equity interest in one of the currently two recreational cannabis operations in Uruguay; (2) 100% of Oransur, S.A., a Uruguayan company producing high CBD hemp in Uruguay; (3) 100% of Terra Nova Produo e Comercializao de Produtos Natuis e Farmacuticos, Lda, a Portuguese company with a pre-license issued by INFARMED for the cultivation, importation, and exportation of medical cannabis in Portugal; and (4) 100% of Pharmabinoide S.L., a Spanish company producing and commercializing hemp in Spain.Read more
Popular Searchesterrace global IncTerrace GlobalSIC Code 62,628NAICS Code 52,523Show more
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Dec 28 2020
Mergers & Acquisitions (M&A)
Terrace Global News & Media
The Flowr Corporation Completes Acquisition of 100% of Terrace Global Inc.
TORONTO, Dec. 29, 2020 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it acquired all of the issued and outstanding Common Shares of Terrace Global Inc. (“Terrace”) pursuant to a plan of arrangement (the “Arrangement”) pursuant to which shareholders of Terrace received 0.4973 of a common share in the capital of Flowr in exchange for each Terrace Share held. Pursuant to the Arrangement, Flowr
The Flowr Corporation Announces the Closing of the Strategic Acquisition of Terrace Global
Highlights: * The Company has closed its strategic acquisition of Terrace Global, creating an entity with a strong balance sheet and global footprint. * The Board of Directors and shareholder base now includes former founders of MedReleaf Corp., ICC Labs Inc. and Bedrocan Canada Inc. * Simultaneously, through liability management, the Company is expected to achieve meaningful debt reduction and amendments to the Company’s senior credit facility before the endTerrace Global Announces Court Approval and Trading Halt in Connection with Arrangement with The Flowr Corporation
Toronto, Ontario--(Newsfile Corp. - December 21, 2020) - Terrace Global Inc. (TSXV: TRCE) ("Terrace Global" or the "Company") is pleased to announce that the Ontario Superior Court of Justice has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (Ontario) with The Flowr Corporation (TSXV: FLWR) ("Flowr"), pursuant to which Flowr will acquire all of the issued and outstanding common shares of Terrace Global (the "Arrangement").In conneTerrace Global Shareholders Approve Plan of Arrangement with The Flowr Corporation
Toronto, Ontario--(Newsfile Corp. - December 16, 2020) - Terrace Global Inc. (TSXV: TRCE) ("Terrace Global" or the "Company") is pleased to announce the results of its special meeting (the "Meeting") of holders of the common shares of Terrace Global (the "Shareholders") held today. At the Meeting, Shareholders passed a resolution to approve the Company's previously announced plan of arrangement under the Business Corporations Act (Ontario) with The Flowr Corporation (TSXV: FLWR) ("Flowr"), pursuTerrace Global Applauds United Nations Approval of World Health Organization Recommendation to Reschedule Cannabis
TORONTO--(BUSINESS WIRE)--Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE), a multi-country operator focused on the development and acquisition of international cannabis assets, applauds the historic vote held by the United Nations Commission on Narcotic Drugs on Wednesday, December 2, 2020 accepting a World Health Organization (WHO) recommendation to remove cannabis and cannabis resin from Schedule IV of the 1961 Single Convention on Narcotic Drugs. On October 20, 2020, Terr
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Frequently Asked Questions Regarding Terrace Global
Terrace Global is a multi-country operator (MCO) led by experienced cannabis entrepreneurs focused on the development and acquisition of international cannabis assets. Terrace Global's focus is on federally legal jurisdictions with existing domestic demand, low cost inputs and approved for exportation. Terrace Global's existing asset platform consi... Read More
