{"id":20717,"date":"2017-10-31T09:41:00","date_gmt":"2017-10-31T17:41:00","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/31\/quebecs-hydropothecary-inks-agreement-to-raise-ca60m\/"},"modified":"2017-10-31T12:56:36","modified_gmt":"2017-10-31T20:56:36","slug":"quebecs-hydropothecary-inks-agreement-to-raise-ca60m","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/31\/quebecs-hydropothecary-inks-agreement-to-raise-ca60m\/","title":{"rendered":"Quebec\u2019s Hydropothecary inks agreement to raise CA$60M"},"content":{"rendered":"<\/p>\n<p>Hydropothecary Corp. reached a deal to raise at least\u00a0<a href=\"http:\/\/www.newswire.ca\/news-releases\/hydropothecary-announces-upsize-of-previously-announced-offering-654108513.html\" target=\"_blank\" rel=\"noopener\">60 million Canadian dollars<\/a> ($50 million) that it plans to put toward working capital and general corporate purposes.<\/p>\n<p>Under the so-called bought deal transaction, a group of underwriters has agreed to purchase 60,000 units of Hydropothecary convertible debentures. The convertible debentures can be converted into stock.<\/p>\n<p>Hydropothecary \u2014 a medical marijuana producer based in Gatineau, Quebec, and traded as APH on the <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=THCX:APH&amp;locale=EN\">TSX Venture Exchange<\/a> \u2014 said in a news release that the underwriters\u00a0have an option to increase the financing to as much as CA$69 million.<\/p>\n<p>The CA$60<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/quebecs-hydropothecary-inks-agreement-raise-ca60m\/\">Quebec\u2019s Hydropothecary inks agreement to raise CA$60M<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/quebecs-hydropothecary-inks-agreement-raise-ca60m\/\" target=\"_blank\">Quebec\u2019s Hydropothecary inks agreement to raise CAM<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hydropothecary Corp. reached a deal to raise at least\u00a060 million Canadian dollars ($50 million) that it plans to put toward working capital and general corporate purposes. Under the so-called bought deal transaction, a group of underwriters has agreed to purchase 60,000 units of Hydropothecary convertible debentures. The convertible debentures can<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/31\/quebecs-hydropothecary-inks-agreement-to-raise-ca60m\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":79,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,682,963,32,719,1],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20717"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=20717"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20717\/revisions"}],"predecessor-version":[{"id":20718,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20717\/revisions\/20718"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=20717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=20717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=20717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}