Avicanna Secures Nearly $2M In Private Placement Deal Amid US Patent Win For Cannabinoid Topical Formula
Portfolio Pulse from Jelena Martinovic
Avicanna Inc. has secured nearly $2 million through a private placement deal, following a US patent win for its cannabinoid topical formula. The funds will be used for various operational and development purposes.
August 29, 2024 | 3:06 pm
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Avicanna Inc. has raised nearly $2 million through a private placement, enhancing its financial position. The US patent win for its cannabinoid topical formula could boost its market presence.
The successful private placement strengthens Avicanna's financial position, while the US patent win enhances its product portfolio, potentially increasing market share and investor confidence.
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