Source: Craftport Cannabis Corp.
  • Craftport Cannabis (CFT) has announced a non-brokered private placement for gross proceeds of $3 million
  • The company will issue up to 15,000,000 common shares at a price of $0.20 per share
  • The offering is expected to close by March 8, 2022
  • Craftport Cannabis is a British Columbia-based cannabis licensed producer
  • Craftport Cannabis Corp. (CFT) opened trading at C$0.16 per share

Craftport Cannabis (CFT) has announced a non-brokered private placement for gross proceeds of $3 million.

The company will issue up to 15,000,000 common shares at a price of $0.20 per share.

The offering is expected to close by March 8, 2022.

Net proceeds will be used for general working capital purposes.

The closing of the offering is subject to CSE approval. No finders fees will be paid in connection with the placement.

Craftport Cannabis is a British Columbia-based cannabis licensed producer.

Craftport Cannabis Corp. (CFT) opened trading at C$0.16 per share.

More From The Market Online

Buzz on the Bullboards: Oil shock, biotech breakthroughs and new tech

Global equities lurched from rally to rout since the U.S.–Israel strikes on Iran ignited a regional war and shutdown of the Strait of Hormuz.

Cannabix’s Marijuana Breath Test hits the market

Cannabix (CSE:BLO) begins the commercial rollout for its Marijuana Breath Test, including deliveries to customers across numerous industries.
Stock Talk Cannabis Report image of cannabis plants and VW van

StockTalk | Cannabis Report: Relaunching business into the spring

Ascend Wellness Holdings, Inc. (CSE: AAWH.U / OTCQX:AAWH), a multi-state, vertically integrated cannabis operator, has relaunched...

Quit smoking with psychedelics? A new frontier for treatment — and investors

A new Johns Hopkins study found that a single dose of psilocybin, combined with therapy, helped smokers stay cigarette free at six months.