Ayurcann Holdings Corp. (CNSX:AYUR) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,085,890 shares, representing 5% of its issued share capital.

The shares repurchased will be returned to treasury and cancelled. The bid will end on the earlier of February 28, 2023 or the date on which the company has purchased the maximum number of shares to be repurchased under the bid. As of February 28, 2022, the company had 121,717,818 shares issued and outstanding.