Source: Nutritional High.
  • High Fusion (FUZN) subsidiary, Neural Therapeutics has announced plans to complete a non-brokered private placement of units for proceeds of up to $750,000
  • Units will be comprised of one common share of Neural Therapeutics and one-half of one common share purchase warrant
  • Net proceeds from the offering will be used for research and development and general working capital
  • High Fusion is focused on developing and manufacturing branded products in the cannabis industry
  • Neural Therapeutics, a wholly-owned subsidiary of High Fusion, is an ethnobotanical drug discovery and development company
  • High Fusion Inc. (FUZN) opened trading at C$0.16 per share

High Fusion (FUZN) subsidiary, Neural Therapeutics has announced a non-brokered private placement of units for proceeds of up to $750,000.

Units will be comprised of one common share of Neural Therapeutics and one-half of one common share purchase warrant. Each whole warrant will be exercisable into one Neural Share at an exercise price of $0.10.

Net proceeds from the offering will be used for research and development and general working capital. 

High Fusion is focused on developing and manufacturing branded products in the cannabis industry with a specific focus on flower, pro-rolls, vapes, edibles and oil extracts for medical and adult recreational use. The company operates in California, Colorado and Oregon.

High Fusion has manufacturing, retail and grow operations in California through its acquisition of OutCo and operates oil extraction and edible manufacturing facilities in Colorado and Oregon. 

Neural Therapeutics, a wholly-owned subsidiary of High Fusion, is an ethnobotanical drug discovery and development company.

High Fusion Inc. (FUZN) opened trading at C$0.16 per share.

More From The Market Online
Stock Talk Cannabis Report image of cannabis plants and VW van

The Market Online’s Weekly Cannabis Report – Nov. 22, 2024

Several TSX healthcare stocks that cater to various aspects of the healthcare market are listed on the TSX, including notable cannabis stocks.
Green Thumb's incredibles cannabis gummies

Profitable cannabis stock Green Thumb opens 100th dispensary

Profitable cannabis stock Green Thumb Industries (CSE:GTII) surpasses 100 retail locations in the United States.
Lightspeed Introduces the Next Generation Kitchen Display System (CNW Group Lightspeed Commerce Inc.

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results.
Claybourne infused cannabis prerolls

Canopy Growth brings award-winning Claybourne brand to Canada

Canopy Growth (TSX:WEED) launches the award-winning California-grown Claybourne brand in Canada through an exclusive licensing agreement.