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home / articles / AVCNF - CBD-Focused Avicanna Announces Funding Boost For Research And Development | Benzinga


AVCNF - CBD-Focused Avicanna Announces Funding Boost For Research And Development | Benzinga

Cannabinoid-based biopharmaceutical company Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) announced on Monday that it has closed a non-brokered private placement offering of 2,537,508 ‎‎units of the company at $0.35 per unit for aggregate gross proceeds of $888,127.80.

The Details

Each unit is comprised of one common share in the capital of the company and one-half of one common share purchase warrant of the company. Each warrant shall entitle the holder thereof to acquire one common share in the capital of the company at an exercise price of $0.41 ...

Full story available on Benzinga.com

Stock Information

Company Name: Avicanna Inc
Stock Symbol: AVCNF
Market: OTC
Website: avicanna.com

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