Gage (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality premium cannabis brand and operator in Michigan, entered into an amendment to a membership interest purchase agreement (“MIPA”). The amendment was part of the previously announced acquisition of Gage by TerrAscend Corp., TerrAscend’s wholly owned subsidiary, and is with the owners of the licenses that Gage supports in Michigan. According to the agreement, the amendment is expected to facilitate and potentially expedite the timeframe in which the conditions for the closing of the acquisition of Gage may be completed. In addition, the company encourages its shareholders to submit their votes in advance of the deadline, which has been extended to Nov. 11, at 8 a.m. Gage’s virtual special meeting of shareholders is scheduled to begin the same day, Nov. 11, 2021, at 10 a.m. ET. Currently, more than 99% of the votes submitted by Gage shareholders have been in favor of the resolution. The company has noted that the objective of the MIPA amendment is to accelerate achieving the first closing as well as the completion of the transaction.
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About Gage Growth Corp.
Gage Growth is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the company’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, 3 processing licenses and 15 provisioning centers, or dispensaries. For more information, visit the company website at www.GageUSA.com.
NOTE TO INVESTORS: The latest news and updates relating to GAGE are available in the company’s newsroom at https://ibn.fm/GAGE
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