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Cannabis Company Isracann Biosciences Raises $234K In The First Tranche Of Private Placement
Cannabis Company Isracann Biosciences Raises $234K In The First Tranche Of Private Placement
Isracann Biosciences Inc. (OTCPK:ISCNF) (CSE IPOT) (XFRA:A2PT0E) has closed the first tranche of its non-brokered private placement. The company issued 4.68 million units at a price of $0.05 per unit for aggregate gross proceeds of $233,980.
Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of $0.055 per warrant share for 48 months from the date of issuance.
The company intends to use the proceeds from the offering toward product development and general operations.
All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws ending on December 3, 2022.
About Isracann Biosciences
Isracann is a multidisciplinary cannabis focused producer and product developer with Israeli-based cannabis production farm assets and a Canadian natural health medicine development and production arm. Concurrently focused on initial retail sales in Canada and in becoming a premier cannabis producer offering low-cost domestic Israeli production, the company aims to commercialize natural health medicines in Canada and to leverage agreements within Israel for import/export opportunities and medicinal marijuana cultivation.
Photo: Benzinga; Sources: courtesy of Kindel Media via Pexels
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Isracann Biosciences' Subsidiary Praesidio Health Submits NPNs To Health Canada
Isracann Biosciences Acquires Praesidio Health And Appoints Natural Health Products Officers
Isracann Biosciences Signs Definitive Agreement To Acquire Praesidio Health For $3.18M
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Isracann Biosciences Inc. (OTCPK:ISCNF) (CSE IPOT) (XFRA:A2PT0E) has closed the first tranche of its non-brokered private placement. The company issued 4.68 million units at a price of $0.05 per unit for aggregate gross proceeds of $233,980.
Isracann Biosciences Inc.(OTCPK:ISCNF)(CSE IPot)(XFRA:A2PT0E)有完成了第一批智能交通系统的非经纪私募。该公司以每单位0.05美元的价格发行了468万个单位毛收入总额为233,980美元。
Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of $0.055 per warrant share for 48 months from the date of issuance.
每个单位由一股公司普通股和一份普通股认购权证组成。每份认股权证使持有者有权在自发行之日起48个月内以每股认股权证0.055美元的价格额外购买一股。
The company intends to use the proceeds from the offering toward product development and general operations.
该公司打算将此次发行所得资金用于产品开发和一般运营。
All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws ending on December 3, 2022.
根据适用的证券法,所有与此次发行相关的证券将受四个月加一天的法定持有期限制,截止日期为2022年12月3日。
About Isracann Biosciences
Isracann is a multidisciplinary cannabis focused producer and product developer with Israeli-based cannabis production farm assets and a Canadian natural health medicine development and production arm. Concurrently focused on initial retail sales in Canada and in becoming a premier cannabis producer offering low-cost domestic Israeli production, the company aims to commercialize natural health medicines in Canada and to leverage agreements within Israel for import/export opportunities and medicinal marijuana cultivation.
关于Isracann生物科学
Isracann是一家专注于多学科的大麻生产商和产品开发商,拥有以色列的大麻生产农场资产和加拿大天然保健药物开发和生产部门。该公司同时专注于加拿大的初始零售,并成为提供低成本以色列国内生产的主要大麻生产商,其目标是在加拿大将天然保健药物商业化,并利用以色列境内的协议获得进出口机会和药用大麻种植。
Photo: Benzinga; Sources: courtesy of Kindel Media via Pexels
图片来源:Pexels提供的Kindel Media
Related News
相关新闻
Isracann Biosciences' Subsidiary Praesidio Health Submits NPNs To Health Canada
Isracann Biosciences的子公司Praesidio Health向加拿大卫生部提交NPNS
Isracann Biosciences Acquires Praesidio Health And Appoints Natural Health Products Officers
Isracann生物科学公司收购Praesidio Health并任命天然保健品官员
Isracann Biosciences Signs Definitive Agreement To Acquire Praesidio Health For $3.18M
Isracann Biosciences签署最终协议以318万美元收购Praesidio Health
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