Agritek Holdings, Inc. Announces Approval of Name Change, Corporate Update and Letter to Shareholders
AGRITEK HOLDINGS INC (AGTK)
NASDAQ:AMEX Investor Relations:
ir.agritekholdings.com
Company Research
Source: GlobeNewswire
LOS ANGELES, CA, April 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provider for popular hemp brands, today announced the following corporate update and Letter to Shareholders. Dear Shareholders, Agritek Holdings, through its many years as one of the first public companies within the cannabis sector, has been operating every day focused on seeking to build an ever increasingly strong and profitable business model, all serving to enhance shareholder value. Given the recent wave of change within the cannabis sector and its challenges, we have witnessed even the largest cannabis companies in the US and Canada struggling to maintain operations and their listings on higher exchanges including NYSE: Aurora Cannabis: trading at .85, Curaleaf, Aphria Inc., The Green Organic Dutchman Holdings trading at .19 and MedMen closing at .20, all suffering massive layoffs and co
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