Tag : $30Million
KEY Investment Partners LLC (“KEY”) today announced the closing of its cannabis-focused venture fund (“The Fund”) with approximately $30 million in aggregate capital commitments. KEY Investment Partners provides strategic capital to high-growth companies that are well positioned to develop the infrastructure of the cannabis industry. Leveraging KEY’s extensive network, cannabis industry expertise,......
Ikänik Farms Triggers $30 Million Self-Directed, Non-Brokered Private Placement with European Private Equity Group
Ikänik Farms, Inc. (CSE: IKNK.U) (the “Company” or “Ikänik Farms“) is pleased to announce that it has set has set USD$1.021 as the exercise price (the “Issue Price“) for the issuance of 29,394,474 subordinate voting shares of the Company (the “Shares“) for gross proceeds of USD$30,000,000 pursuant to the terms of the subscription agreement dated March 8, 2021 (the “Subscription Agreement“), entered......
Connected Cannabis Co. Announces $30 Million Capital Raise
Connected International Inc. (“Connected Cannabis Co.” or “Connected”), a premier cannabis cultivator, retailer and market leader in California, today announced the closing of a $30 million capital raise consisting of debt and equity financing. The round was led by existing investors Navy Capital and One Tower Group with participation from new investors Emerald Park......
Decibel Announces Closing of Non-Dilutive $30 Million Debt Financing
Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that on December 31, 2020 it closed its previously announced financing with Connect First Credit Union Ltd. in respect of $30 million of debt capital. Financing Highlights Total Capital & Extended Maturity: The credit facilities includes $28.5 million of term debt and......