Flower One Holdings completes offering of subscription receipts

24 September 2018

On Sept. 24, 2018, CNX Holdings Inc. (nka Flower One Holdings Inc.) announced the completion of an offering of subscription receipts for aggregate proceeds of approximately $9.8 million.

Eight Capital Corp., together with Industrial Alliance Securities Inc., acted as agents in connection with the offering.

Flower One is a British Columbia-based company with strategic investments in the cannabis sector through its wholly-owned subsidiaries that include a 450,000-square foot greenhouse and processing facility in the State of Nevada.

Gowling WLG advised Eight Capital with a team that included Cyndi Laval and Raymond Ong.


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