Canadian Marijuana Company Announces $500,000 Private Offering
Portfolio Pulse from Nina Zdinjak
Canadian cannabis company Shiny Health & Wellness Corp. announced a non-brokered private placement of up to $500,000. The first tranche of the offering, amounting to $225,000, will close upon acceptance by the TSXV. The funds raised will be used for general working capital requirements, including advancing the company's cannabis line of business performance by increasing store inventory, store build-outs, and acquisitions.

October 05, 2023 | 1:15 pm
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Shiny Health & Wellness Corp. is raising up to $500,000 through a non-brokered private placement. The funds will be used to advance the company's cannabis business.
The company is raising funds to advance its cannabis business, which could lead to increased revenues and growth in the future. This could potentially have a positive impact on the company's stock price.
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