Source: Craftport Cannabis Corp.
  • Craftport Cannabis (CFT) closed its non-brokered private placement offering for gross proceeds of $1.5 million
  • The company issued 18,750,000 common shares at a price of $0.08 per common share
  • The company’s focus is on the Canadian premium craft cannabis recreational market, utilizing an outsourced cultivation model
  • Craftport Cannabis Corp. (CFT) opened trading at $0.045

Craftport Cannabis (CFT) has closed its non-brokered private placement for gross proceeds of $1.5 million.

The company issued 18,750,000 common shares at a price of $0.08 per common share.

Net proceeds of the offering are expected to be used by the company for general working capital purposes.

No finders fees have been, or will be paid in connection with this offering.

Craftport Cannabis (CFT) is a Canadian cannabis licensed producer operating out of Peachland, British Columbia. The company’s focus is on the Canadian premium craft cannabis recreational market, utilizing an outsourced cultivation model.

Craftport Cannabis Corp. (CFT) opened trading at $0.045.

More From The Market Online
Cannabis leaves with Stock Talk and Cannabis Report labels

StockTalk | Cannabis Report: New stores, new shipments, new vapes

Several TSX healthcare stocks that cater to various aspects of the healthcare market are listed on the TSX, including notable cannabis stocks
Cannabis Report above an image of cannabis

StockTalk | Cannabis Report: 2025 in review

Several TSX healthcare stocks that cater to various aspects of the healthcare market are listed on the TSX, including notable cannabis stocks

Cronos Group buys Europe’s largest adult-use cannabis company

Cronos Group (TSX:CRON) will acquire Netherlands-based CanAdelaar, the largest adult-use cannabis company in Europe.

Buzz on the Bullboards: Cannabis stock split, major financing, and battery breakthrough

Inflation concerns, lofty valuations, and growing uncertainty around returns from have prompted investors to reassess their AI exposure.