CannabisMD closes new financing

Photo of author

By Ted Liu

Cannabiverse Inc., dba CannabisMD, has closed a new round of financing, raising $[mepr-active rule=”374″ ifallowed=”hide”]Subscriber ONLY content: read our research and get insight on this and other deals. We offer monthly or yearly recurring or one-time trial subscriptions. Subscribe today and see what you have been missing! [/mepr-active][mepr-active rule=”374″] 591,148 through the issuance of 1,851,875 common shares at $0.32 per share. Investors are from Ontario (9), Alberta (2), US (1) and Sweden (3) The financing closed on Feb 7, 2018. The company previously raised $125,000 in October 2017, issuing 625,000 common shares at $0.20 per share to investors from Alberta (1), BC (1), and Ontario (1).[/mepr-active]

Wildeboer Dellelce LLP acts as legal counsel to Cannbiverse.

Formerly known as eMarijuana Corp., Cannabiverse was founded in March 2017 and led by Scott G. Paterson and Rory Millikin.

“CannabisMD is the definitive resource for scientific studies, videos, latest news, original articles, discussion forums, quality products, locating dispensaries & medical cannabis doctors and much more for Medical Cannabis and Cannabidiol (CBD).”

photo credit: CannabisMD