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MTL Cannabis Corp
Symbol MTLC
Shares Issued 116,997,561
Close 2025-06-06 C$ 0.35
Market Cap C$ 40,949,146
Recent Sedar Documents

MTL Cannabis adopts long-term incentive plan

2025-06-06 18:41 ET - News Release

Mr. Michael Perron reports

MTL CANNABIS CORP. ANNOUNCES SHAREHOLDER ALIGNMENT INITIATIVE

MTL Cannabis Corp. has implemented shareholder alignment initiatives through a long-term incentive plan (LTIP).

In connection with the approval of the LTIP, executive officers were granted restricted share units (RSUs) and deferred share units (DSUs), with deferred vesting. This initiative reflects the company's commitment to aligning the executive team interests with shareholders and to support retention and leadership stability.

The grant was comprised of two million RSUs and three million DSUs, with the RSUs vesting annually in arrears over three years and the DSUs vesting on the third anniversary of the grant.

About MTL Cannabis Corp.

MTL Cannabis is the parent company of Montreal Medical Cannabis Inc. (MTL Cannabis), a licensed producer operating from a 57,000-square-foot licensed indoor grow facility in Pointe Claire, Que.; Abba Medix Corp., a licensed producer in Pickering, Ont., that operates a leading medical cannabis marketplace; IsoCanMed Inc., a licensed producer in Louiseville, Que., growing best-in-class indoor cannabis, in its 64,000 square ft production facility; and Canada House Clinics Inc., operating clinics across Canada that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions.

As a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly craft for the masses. MTL Cannabis focuses on craft quality cannabis products, including lines of dried flower, prerolls, and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. MTL Cannabis has also developed several export channels for bulk and unbranded GACP quality cannabis.

It is MTL's goal for Abba Medix Corp. to become the leading distributor of medical cannabis in Canada and for Canada House Clinics to be the leading Canadian provider of medical cannabis clinic services.

We seek Safe Harbor.

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