-
Cannabis Giant Canopy Announces $30M Private Placement, Here's Where The Money Will Go
Tuesday, January 9, 2024 - 1:01pm | 766Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Tuesday that it has entered into subscription agreements with certain institutional investors in a private placement offering of 6,993,007 units at $4.29 per unit for aggregate gross proceeds of approximately $30 million. Details Each...
-
Cannabis REIT Innovative Industrial Properties Shares Trading Lower On Announcing Pricing Of $300M Common Stock Offering
Friday, April 1, 2022 - 9:04am | 278Innovative Industrial Properties, Inc. (NYSE: IIPR) announced today the pricing of an underwritten public offering of 1.58 million shares of its common stock at $190 per share for gross proceeds of approximately $300 million. The offering is expected to close on or about April 5, 2022, subject to...
-
Sugarbud Upsizes Its Marketed Public Offering Of Secured Convertible Debenture Units
Thursday, March 31, 2022 - 10:42am | 649Sugarbud Craft Growers Corp. (OTCQB: SBUDF) has agreed to amend the terms of its previously announced $2.4 million marketed public offering of convertible debenture units. What Happened? The Calgary, Alberta-based company intends to: Lower the conversion price at which the convertible debentures...
-
Enveric Biosciences Closes $10 Million Public Offering
Wednesday, February 16, 2022 - 8:49am | 246Psychedelics-based company Enveric Biosciences (NASDAQ: ENVB) has closed its previously announced underwritten public offering of 20 million shares of its common stock and warrants to purchase up to 20 million shares of its common stock for gross proceeds of approximately $10 million, before...
-
Nass Valley's Subsidiary To Raise $75M Via Reg A+ Public Offering
Friday, February 4, 2022 - 11:02am | 266Nass Valley Gardens Inc. announced that it will file with the SEC to launch a Reg A+ public offering and seeks to raise up to $75 million pursuant to Regulation A, Tier 2 guidelines. This offering will lead Nass Valley Gardens Inc., pending the SEC’s approval, to a NASDAQ US Small Cap...
-
Cannabis REIT AFC Gamma Raises $61.5M Via Underwritten Public Share Offering
Thursday, January 6, 2022 - 2:26pm | 412AFC Gamma, Inc. (NASDAQ: AFCG) announced on Wednesday the pricing of its underwritten public offering of 3 million shares of its common stock at $20.5 per share. Underwriters are granted a 30-day option to purchase up to an additional 450,000 shares of common stock under the offering. AFC...
-
Cannabis Extracts Producer PharmaCielo To Raise $15M Via Private Placement Of Debenture Units
Wednesday, December 22, 2021 - 11:37am | 492PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF) revealed Wednesday that it is in the process of raising up to $15 million through a non-brokered private placement of debenture units. The Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis...
-
SOL Global Wraps Up $30M Oversubscribed Substantial Issuer Bid And Takes Up Shares
Monday, December 6, 2021 - 1:42pm | 347SOL Global Investments Corp. (CSE: SOL) (OTCQ: SOLCF) (Frankfurt:9SB) revealed that recently it has taken up and purchased for cancellation a total of 7.4 million common shares at $4.05 per share pursuant to its substantial issuer bid which expired on Nov. 26, 2021, for an aggregate...
-
Flora Growth's Stock Plummets On Announcing Pricing of $30 Million Public Offering
Friday, November 19, 2021 - 9:58am | 400Cannabis company Flora Growth Corp. (NASDAQ: FLGC) announced on Friday the pricing of an underwritten public offering of 10 million units, with each being sold at $3 per unit. Pursuant to the offering, each unit consists of one common share and one-half warrant, with each unit warrant...
-
Ayr Wellness Cannabis Borrows $150M At 9.8% For 3 Years On Heels Of Acquisition Spree
Monday, November 15, 2021 - 9:32am | 555Vertically-integrated cannabis multi-state operator Ayr Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) announced Friday it has added roughly $150 million to its balance sheet following the sale of additional 12.5% senior secured notes. Based in Miami, the company reported that it has closed a...
-
SOL Global To Repurchase Up To $30M In Shares, Announces Substantial Issuer Bid
Thursday, September 23, 2021 - 12:22pm | 322SOL Global Investments Corp. (CSE: SOL) (OTCQ: SOLCF) (Frankfurt: 9SB) announced on Thursday that it will repurchase up to $30 million of its common shares. Based in Toronto, the company said that its board of directors approved the launch and terms of a substantial issuer bid under which SOL...
-
HEXO Stock Plunges On $140M Public Offering Announcement Ahead Of Transfer To NASDAQ
Friday, August 20, 2021 - 11:18am | 369HEXO Corp (TSX: HEXO) (NYSE: HEXO) announced Friday the pricing of a previously announced overnight marketed public offering of its 47.46 million units at a price of $2.95 per unit. The total proceeds from the offering amount to $140 million before deducting underwriting commissions and offering...
-
Clover Leaf Capital Closes $138.3M IPO
Friday, July 23, 2021 - 10:59am | 237Clover Leaf Capital Corp. (NASDAQ: CLOEU) has closed its previously announced initial public offering of some 13,831,230 units at $10 per unit. The move follows the company’s debut on the Nasdaq Capital Market under the ticker symbol “CLOEU” on Tuesday, July 20. The transaction...
-
Cannabis-Focused Mortgage REIT Raises $56.4M Just Months After NASDAQ Debut
Thursday, June 24, 2021 - 3:00pm | 214Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) is poised to raise $56.4 million through its underwritten public offering of 2.75 million shares of its common stock at $20.50 per share. Underwriters have a month to buy up to an additional 412,500 shares of...
-
Cansortium Raises $12M To Boost Operations In Florida, Michigan And Pennsylvania
Monday, April 5, 2021 - 4:55pm | 379Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) has secured some $12 million in financing through a sale of roughly 17.14 million of its units at 70 cents per unit. The Miami company expects to close the private placement over the next few days. The financing will boost its operations in Florida, which...