Flower One Holdings completes offering of subscription receipts

1 minute read
24 September 2018
Client work

Team:

Cyndi Laval, Raymond Ong

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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Related   Cannabis, Capital Markets, Corporate Commercial

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