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Craftport Cannabis (CSE:CFT) announces $3M private placement

Cannabis, The Market Online Deal Room
CSE:CFT
25 January 2022 09:15 (EDT)

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.

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.

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