LOS ANGELES & IRVINE, Calif.--(BUSINESS WIRE)--ManifestSeven Holdings Corporation (formerly P&P Ventures Inc.) ("M7" or the "Company"), California's first integrated omnichannel platform for legal cannabis, today announces that, in connection with the completion of its reverse takeover transaction announced in its September 25, 2020 news release, the Company's Class "A" common shares (the "Shares") shall commence trading on the Canadian Securities Exchange (the "CSE") on September 30, 2020, under the ticker symbol "MSVN".
"M7's recent reverse takeover transaction and this CSE public listing are transformative milestones for our company," said Sturges Karban, Chief Executive Officer of ManifestSeven. "The listing equips M7 with an array of strategic benefits that will prove critical to our success, including enhanced global visibility and greater direct access to the capital markets, as we look to expand our omnichannel strategy across the rest of California, and eventually other North American markets, as well."
James Black, VP of Listings for the CSE, added, "The CSE would like to officially welcome the ManifestSeven team to the Exchange for Entrepreneurs. A company's first day of trading is always a defining moment in their history, and we are pleased to play host to this transformational day for ManifestSeven. We look forward to working with the company as they join the CSE's ever-growing community of like-minded issuers and investors."
For further information, please see the Company's profile on SEDAR and the CSE website.
ManifestSeven is the first integrated omnichannel platform for legal cannabis, merging compliant distribution with a retail superhighway. M7 services the needs of lawful operators across the supply chain, from the cultivator to the consumer, through an expansive network of four facilities stretching from the San Francisco Bay Area to San Diego. M7 further augments its business-to-business value proposition with a growing portfolio of owned and operated retail operations located in major metro markets, including brick-and-mortar dispensaries, local on-demand delivery services, e-commerce, and subscription offerings.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition but instead represent only the Company's beliefs and assumptions regarding future events, plans, or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. This forward-looking information is based on certain assumptions made by management and other factors used by management in developing such information. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include final acceptance of the listing of the Shares on CSE and the date by which the CSE issues such final acceptance., regulatory actions, market prices, and continued availability of capital and financing, and general economic, market, or business conditions. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in its entirety by this notice.
The securities of the Company referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation, or sale would be unlawful.