Two producers of medical marijuana, CannTrust Holdings and The Green Organic Dutchman Holdings, are taking separate steps to raise capital to fund the build-out of their production facilities to meet demand for MMJ and recreational cannabis.<\/p>\n
CannTrust entered into a stock-purchase agreement to raise at least 15 million Canadian dollars<\/a>\u00a0($11.6 million) that it plans to put toward the second phase build-out of its recently licensed Niagara greenhouse facility and for general purposes.<\/p>\n Under the so-called bought deal transaction, a group of underwriters has agreed to purchase 3 million common shares of CannTrust at a price of CA$5 each.<\/p>\n CannTrust<\/p>\n …<\/p>\n Two Canadian marijuana producers look to raise CA$51 million<\/a> is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n
Two producers of medical marijuana, CannTrust Holdings and The Green Organic Dutchman Holdings, are taking separate steps to raise capital to fund the build-out of their production facilities to meet demand for MMJ and recreational cannabis. CannTrust entered into a stock-purchase agreement to raise at least 15 million Canadian dollars\u00a0($11.6Continue 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":[4,682,959,5,962,32],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20808"}],"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=20808"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20808\/revisions"}],"predecessor-version":[{"id":20809,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20808\/revisions\/20809"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=20808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=20808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=20808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nRead More: Two Canadian marijuana producers look to raise CA million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"