Source: Craftport Cannabis Corp.
Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • Craftport Cannabis (CFT) closed its non-brokered private placement offering for gross proceeds of $1.5 million
  • The company issued 18,750,000 common shares at a price of $0.08 per common share
  • The company’s focus is on the Canadian premium craft cannabis recreational market, utilizing an outsourced cultivation model
  • Craftport Cannabis Corp. (CFT) opened trading at $0.045

Craftport Cannabis (CFT) has closed its non-brokered private placement for gross proceeds of $1.5 million.

The company issued 18,750,000 common shares at a price of $0.08 per common share.

Net proceeds of the offering are expected to be used by the company for general working capital purposes.

No finders fees have been, or will be paid in connection with this offering.

Craftport Cannabis (CFT) is a Canadian cannabis licensed producer operating out of Peachland, British Columbia. The company’s focus is on the Canadian premium craft cannabis recreational market, utilizing an outsourced cultivation model.

Craftport Cannabis Corp. (CFT) opened trading at $0.045.

More From The Market Herald

" ValOre Metals (TSXV:VO) announces $2.5M private placement

ValOr Metals (VO) has announced a non-brokered private placement for gross proceeds of up to $2,500,000.
Emerald Health Therapeutics Inc. - Director & Chairman, Jim Heppell.

" Emerald Health (CSE:EMH) shareholders approve merger

Emerald Health Therapeutics (EMH), has received shareholders’ approval for the proposed plan of arrangement with Skye Bioscience Inc.

" Verano (CSE:VRNO) announces the opening of Zen Leaf Clarksburg

Verano Holdings (VRNO) has announced the opening of Zen Leaf Clarksburg, its fourth dispensary in West Virginia and 111th nationwide.
Ascend Wellness Holdings Inc. - President & co-founder, Abner Kurtin.

" Ascend (CSE:AAWH.U) launches New Jersey dispensary

Ascend Wellness Holdings, (AAWH.U), has opened a New Jersey dispensary for adult cannabis users.