Natura Naturals closes financing

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By Ted Liu

Natura Naturals Inc., a Leamington, Ontario based company which is currently licensed for cultivation under the Access to Cannabis for Medical Purposes Regulations (ACMPR), has closed a round of private financing, raising $5,375,413.50 through the issuance of 6.25 million units at $0.80 per unit and 527,305 common shares at $0.70-$0.80 per share. 4 Ontario and 1 Alberta investor participated in the financing. Claudio Mastronardi is the sole officer and director of Natura Naturals, formerly known as MCM Acres Inc. The company was incorporated in May 1985.

Gowling WLG (Canada) LLP acted as legal counsel.

Natura Naturals goals are:

  • Become a trusted partner for doctors and patients looking to add medical cannabis as part of their treatment
  • Maintain a secure and innovative growing facility that uses a perfect blend of nature & technology to grow medical cannabis that meets and exceeds Health Canada’s quality and safety requirements
  • Offer medical cannabis at fair pricing while maintaining inventory levels that will allow for greater variety and fast shipping to our patients.

photo credit: Natura Naturals