Tag : Private

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Humble & Fume Announces Completion of US$8 Million Private Placement to Advance Expansion into Cannabis Distribution in the United States

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Humble & Fume Inc. (CSE: HMBL) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, announced today that it has completed a US$8 million private placement from Green Acre Capital Distribution Corp. (“Green Acre”) for 18,795,471 common shares at a price of CDN$0.53 per share, representing 15.23% of the issued and......
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Delic Closes C$7.0 Million Private Placement With U.S. Institutional Investor to Fuel Growth of Largest National Presence

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Delic Holdings Corp. (“Delic” or the “Company“) (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) is pleased to announce that it has closed its previously announced sale to a single institutional investor for gross proceeds of approximately C$7.0 million in a private placement in the United States (the “Private Placement“). Pursuant to the Private Placement, the Company issued ‎9,000,000......
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High Tide Enters into Private Label Partnerships for Cannabis 2.0 Products

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High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today two white label partnerships with Heritage Cannabis Holdings (Heritage) (CSE: CANN) (OTCQX: HERTF), an industry-leading and vertically-integrated cannabis provider, and Loosh Inc. dba Loosh......
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Treez Named to 2021 Inc. 5000 List of Fastest-Growing Private Companies in America

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Treez (www.treez.io), a private company and leading provider of an enterprise cloud platform that streamlines retail and supply chain operations in the cannabis market, today announced it was named to Inc. Magazine’s annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. Treez’s three-year revenue growth rate......
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Delic’s Acquisition Target, Complex Biotech Discovery Ventures Ltd., Announces Closing of Non-Brokered Private Placement

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Delic Holdings Inc. (“DELIC” or the “Company“) (CSE: DELC) (OTCQB: DELCF), a psychedelic wellness-focused company, is pleased to announce that its acquisition target, Complex Biotech Discovery Ventures Ltd. (“CBDV“), has closed its previously-announced non-brokered private placement (the “Offering“) of 11,441,189 subscription receipts of CBDV (the “Subscription Receipts“) at a price of CAD$0.30 per Subscription......
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Ikänik Farms Triggers $30 Million Self-Directed, Non-Brokered Private Placement with European Private Equity Group

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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......
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Cansortium Announces Second Closing of Private Placement to Complete $17.1 Million Equity Financing

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Cansortium Inc. (“Cansortium” or the “Company”) (CSE: TIUM.U), (OTCQB: CNTMF), today announced the second and final closing of its previously announced private placement of units (“Units“) at a purchase price of US$0.70 per Unit (the “Private Placement”). The second closing was approximately US$5.2 million, bringing the total Private Placement investment to US$17.1 million.  Each Unit consists......
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Cansortium Closes US$12 Million Private Placement

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Cansortium Inc. (“Cansortium” or the “Company”) (CSE: TIUM.U), (OTCQB: CNTMF), is pleased to announce the closing of the sale of approximately US$12 million of units (“Units“) at a purchase price of US$0.70 per Unit (the “Private Placement”). The Private Placement, originally contemplated as a US$10 million financing, was increased by the Company due to investor demand, and a......
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With a Two-Year Revenue Growth of 2,013 Percent, springbig Ranks No. 3 on Inc. Magazine’s List of Florida’s Fastest-Growing Private Companies

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Inc. magazine today revealed that springbig is No. 3 on its second annual Inc. 5000 Regionals: Florida list, the most prestigious ranking of the fastest-growing Florida-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Florida economy’s most dynamic segment—its independent small......
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Xebra Announces $5 Million Private Placement Financing

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Xebra Brands Ltd. (“Xebra”) is pleased to announce a non-brokered private placement (the “Private Placement”) for gross proceeds of up to CAD$5 million. ABOUT XEBRA: Xebra is a cannabis cultivation and products company, with global brands and intellectual property. Our products focus includes beverages, wellness and leisure. Xebra is expecting a decision by......