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
The Luz Maria copper prospect on Western Metallica Resources' Caña Brava project in Peru

Three micro-cap value stocks trading at peak pessimism

When it comes to micro-cap value stocks, investors with the sturdiest stomachs tend to prevail regardless of due diligence.
Cannabis Report image of farmed cannabis plants

StockTalk | Cannabis Report: New CEO, new dispensaries, new strains

Several TSX healthcare stocks that cater to various aspects of the healthcare market are listed on the TSX, including notable cannabis stocks.
AI generated stock image

Buzz on the Bullboards: Stocks to watch in volatile times.

The TSX hit another record high on strong retail sales data and positive investor sentiment. However, the index quickly fell from grace.
The Good Shroom Company logo

This micro-cap cannabis stock turned its first yearly profit

The Good Shroom Co. (TSXV:MUSH), an emerging micro-cap cannabis stock, is announcing its first fully profitable fiscal year.