User:YeahImaBoss/sandbox420

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Tidal Royalty Corporation
Company typepublic (CSERLTY.U) (NYSEPBT)
IndustryFinancing
FoundedAugust 2017; 6 years ago (August 2017)

Tidal Royalty Corporation is a Canadian marijuana royalty trust based in Toronto, Ontario, becoming a leading provider of royalty financing to licensed U.S. cannabis operators.


History[edit]

Al Harrington became a member of the Advisory Board in September 2018.[1]

Board[edit]

Position Name Date Began Notes
CEO/Chairman Paul Rosen Aug. 2017 Co-founder and Former CEO of The Cronos Group.
Advisory Board Hugo Alves June 2018 President of Auxly Cannabis Group Inc. (TSXV:XLY)
Advisory Board Marc Lustig June 2018 Founder and CEO of CannaRoyalty Corp. (CSE:CRZ)
Advisory Board Joel Sherlock June 2018 Co-Founder of Doventi Capital Inc. and the Chairman of Vitalis Extraction Technologies.
Advisory Board Richard Brooks June 2018 Managing Partner of Brooks Business Lawyers.
Advisory Board Example Example
Advisory Board Example Example


Board of Advisors[edit]

Timeline[edit]

Subsidiaries[edit]

Company Ownership Sector

Equity and Royalty investments[edit]

Company Ownership Sector Notes

Royalty investments[edit]

Date of LOI Company Ownership Sector Total Investment Royalty Total Notes
Aug 15, 2018 Illinois Cannabis Company 0% Up to US$41mln *15% of net sales royalty on all Illinois operations
*Can purchase company's common shares at an agreed-upon valuation
Sept 4, 2018 Diem Cannabis 0% US$12.5mln
Sept 6, 2018 The Palm Desert Cannabis Company 0% Cannabis Manufacturing and Distribution US$5mln *10% of all net sales generated by operations in California, 5% in perpetuity thereafter. *2mln share purchase options, representing around 5% of the share capital.
Nov 5, 2018 Lighthouse Strategies 0% US$5mln
Nov 15, 2018 FLRish (“Harborside”) 0% US$10mln

Shareholders[edit]

As of 31 December 2016[3]: 15 : 49 

Rank Name Percentage Footnotes
1 -- 0%
2 -- 0%
3 -- 0%
Sub-total 0%
4 -- 0%
N/A 0%
N/A 0%
Total 100%

References[edit]