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Zenabis Global Inc.

09:57 AM EST - Zenabis Global Inc. : Provided an update on its recent facility construction and licensing activities and recent cannabis production results. Cultivation output in September was 2,089 kg of dried cannabis, with production at Zenabis Atholville outperforming its revised design capacity by 21.8% (the Performance Ratio1). Cultivation output of 2,089 kg of dried cannabis was 21.2% greater than Zenabis' revised forecast output (as updated on August 6) of 1,731 kg of dried cannabis. Zenabis submitted a license amendment application for Zenabis Langley's existing cultivation license on September 27, to include additional growing areas totaling 101,300 sq. ft. for Zenabis Langley – Part 2A. Zenabis' licensed annual production capacity is expected to increase by 39,400 kg to 96,400 kg once this license amendment is approved by Health Canada. Zenabis Global Inc. shares T.ZENA are trading down $0.025 at $0.66.