Medical cannabis producer Cronos taps major bank for planned CA$100M stock sale

MJBizDaily
By Matt LamersMar 23, 2018, 8:00 am9 pts
Licensed producer Cronos Group is looking to raise up to 100 million Canadian dollars ($78 million) in what would be only the second equity financing between one of Canada’s biggest banks and a medical marijuana company. Cronos plans to spend CA$15 million of the new proceeds on capital expenditures related…

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