Cannabis One Holdings closes non-brokered private placement

03 September 2019
Client work

Team:

Frank Sur, Simanpreet Panaych, Andrew Miles

On September 3, 2019, Cannabis One Holdings Inc. (CSE: CBIS) announced that it had closed a non-brokered private placement of 2,287,500 subordinate voting units and 136,499 super voting units of the company for aggregate gross proceeds of approximately $1.461 million.

Cannabis One is focused on aggregating and optimizing popular cannabis brands throughout North America. With its unique, franchise-ready retail brand, The JointTM, and through targeted acquisition and partnership opportunities, Cannabis One intends to become the premier, globally-recognized, "House of Brands", holding a client portfolio of award-winning products with an extensive market footprint.

Gowling WLG advised Cannabis One with respect to this private placement with a team that included Frank Sur and Simanpreet Panaych, assisted by student-at-law Andrew Miles.  

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Related   Capital Markets, Corporate Commercial

Team

Related Insights & Resources

View all insights Related Insights & Resources
Client work
17 April 2024 Rio2 closes $23 million offering
Client work
17 April 2024 Labworks International acquired by Hodess Cleanrooms in cross-border transaction
Client work
15 April 2024 Dechra Veterinary Products acquires STEM Animal Health

Team

Download or print PDF