The hits just keep on coming for Choom™ (CSE: CHOO; OTCQB: CHOOF) as they announce the closing of their $10.1 Million placement, with Aurora Cannabis as the cornerstone investor at $7 Million.
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Copy of Aurora Cannabis Closes Strategic Investment in Choom Holdings
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today that it has closed its previously announced $7 million investment in Choom Holdings Inc., (CSE: CHOO | OTC: CHOOF) whereby Aurora received 9,859,155 common shares from Choom's treasury, priced at $0.71 per share, representing a 6% ownership interest. In total, Choom issued 14,225,352 shares for total gross proceeds of $10.1 million. All securities issued are subject to a four month hold period.
Breaking News: Choom™ Announces Closing of Specialty Medijuana Products
Choom™ (CSE: CHOO; OTCQB: CHOOF), an emerging fully-integrated cannabis company, is pleased to announce that today it is closing its acquisition of Specialty Medijuana Products Inc. pursuant to an amended and restated amalgamation agreement among Choom, Arbutus Brands Inc. and International Tungsten Inc. The Company announced the definitive agreement to effect the Transaction in a news release on March 19, 2018.
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Aurora Cannabis to Be Lead Investor in Choom Holdings Private Placement
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) announced today that it intends to complete a $7 million investment in Choom Holdings Inc. (CSE:CHOO) (OTCQB: CHOOF), whereby Aurora will receive 9,859,155 common shares from Choom's treasury, priced at $0.71 per share, representing an 8% ownership interest.
BREAKING NEWS: Choom™ Announces $10,000,000 Non-brokered Private Placement Secures Aurora Cannabis as $7,000,000 Cornerstone Investor
Choom™ (CSE: CHOO; OTCQB: CHOOF) is pleased to announce a non-brokered private placement for gross proceeds of up to $10,000,000, including a $7,000,000 lead order from Aurora Cannabis Inc.
Medical Cannabis Leadership from Canopy Growth and Subsidiary Spectrum Cannabis
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is pleased to provide the following updates on its medical cannabis program and to re-affirm its strong commitment to medical cannabis, the patients who depend on it, and the Healthcare Professionals who prescribe it.
InMed Pharmaceuticals announces increase in Bought Deal offering to $13 million
InMed Pharmaceuticals Inc. (TSX:IN) is pleased to announce that it has entered into an amended letter of engagement with Eight Capital, under which Eight Capital has now agreed to purchase, as underwriter, 14,444,560 units of the Company, on a “bought deal” basis pursuant to the filing of a shelf prospectus supplement, subject to all required regulatory approvals, at a price per Unit of $0.90, for total gross proceeds of $13,000,104.
Aurora Cannabis to Acquire Cannabis Science Leader Anandia Laboratories Inc.
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Anandia Laboratories Inc. announced today that they have signed a binding term sheet whereby Aurora intends to acquire all of the issued and outstanding common shares of privately-held Anandia in an all share transaction valued at approximately $115 million on a fully diluted basis.
Equity.Guru: Party Time for Choom (CHOO.C) as Senate Bill C-45 passes
Equity.Guru looks at potential winners after the passing of Bill C-45 in the Canadian Senate. Their Conclusion: "We’ve had our eye on Choom for a while. We like the people, the space, the branding and the vertical integration into this new frontier."
MPX Completes Acquisition of Canadian Licensed Producer
MPX Bioceutical Corporation (CSE:MPX) (OTC:MPXEF) is pleased to announce that it has successfully completed the acquisition of 100% of the issued and outstanding shares of 8423695 Canada Inc. operating as Canveda, as previously announced on April 17, 2018. Canveda is a Licensed Producer under Health Canada’s Access to Cannabis for Medical Purposes Regulations having received its Cultivation License on June 12, 2017.
Aurora Cannabis Signs Supply Agreement with Ascent Industries
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) today announced that it has signed a cannabis flower and trim supply agreement with Ascent Industries Corp's wholly-owned subsidiary, Agrima Botanicals Corp., a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations.
WeedMD Secures Cannabis Cultivation Licence for its Large-scale Modern Greenhouse
WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE), a federally-licensed producer and distributor of medical cannabis, is pleased to announce that it has secured its Health Canada Cultivation Licence for the first four grow rooms within its 220,000 sq. ft. Phase I retrofit of its 610,000 sq. ft. modern greenhouse in Strathroy, Ontario.
Bill C-45 Approved! Blue Skies Ahead. With a Hint of Green.
Choom™ (CSE: CHOO; OTCQB: CHOOF) applauds the passing of Bill C-45 by the Canadian Senate, paving the way for official legalization of recreational use cannabis in Canada. After today’s important vote, we see blue skies ahead- with a hint of green.