WeedMD Inc. Announces $15 Million Bought Deal Equity Financing
Each Unit will be comprised of one common share of the Company (a Common Share) and one-half of oneCommon Share purchase warrant (each whole warrant, Warrant).
- Each Unit will be comprised of one common share of the Company (a Common Share) and one-half of oneCommon Share purchase warrant (each whole warrant, Warrant).
- The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes.
- WeedMD Inc. is the publicly traded parent company of WeedMD RX Inc. and Starseed Medicinal Inc., licence holders producing and distributing cannabis products for both the medical and adult-use markets.
- With the addition of Starseed, a medical-centric operator, WeedMD has expanded its multi-channeled distribution strategy.