PriceSensitive

Delta 9 Cannabis (TSX:DN) closes private placement

Cannabis
TSX:DN
12 September 2022 08:30 (EDT)

Delta 9 Cannabis (DN) has completed a private placement for gross proceeds of $206,250.

The company issued 1,650,000 common shares at $0.1250 per share. The securities issued will be subject to a statutory hold period expiring January 10, 2023.

The final closing remains subject to the approval of the TSX.

Delta 9 Cannabis is a cannabis company focused on bringing the highest quality cannabis products to market. Delta 9’s wholly-owned subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of medical and recreational cannabis and operates an 80,000 square foot production facility in Winnipeg, Manitoba. Delta 9 owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand.

Delta 9 Cannabis Inc. (DN) opened trading at C$0.16.


Related News