- City View Green (CVGR) announced a non-brokered private placement for proceeds of up to $1,000,000
- The company will issue up to 66,666,667 common shares at a price of $0.015 per share
- The company has closed the first tranche of the offering, raising gross proceeds of $325,000
- City View is a CPG company focused on the development of cannabis-infused edibles
- City View Green Holdings Inc. (CVGR) opened trading at C$0.005
City View Green (CVGR) announced a non-brokered private placement for proceeds of up to $1,000,000.
The company will issue up to 66,666,667 common shares at a price of $0.015 per share.
Proceeds will be used for general working capital.
The company has closed the first tranche of the offering, issuing 21,666,668 shares for gross proceeds of $325,000.
Rob Fia, the company’s President, CEO and director, purchased 3,333,334 shares for $50,000 under the first tranche.
City View is a consumer packaged goods company focused on the development of cannabis-infused edibles. City View will incorporate cannabis-infused food production at its Brantford, Ontario facility. City View owns a 27.5 per cent stake in Budd Hutt Inc., a retail-focused cannabis company with access to cannabis cultivation and production licenses in Alberta and other retail opportunities across Canada.
City View Green Holdings Inc. (CVGR) opened trading at C$0.005.