02 Jan Cronos signs deal to secure CA$30 million for marijuana R&D
Posted at 14:18h in Briefs, Canada Marijuana News, Cronos, marijuana cultivation, Marijuana Stocks & Public Companies, Mike Gorenstein, MMJ Business Daily, R&D 0 CommentsA Canadian medical marijuana producer announced a stock-purchase deal to raise 30 million Canadian dollars ($24 million) in capital, which it intends to apply to research and development. After the deal closes later this month, Cronos will have raised more than CA$120 million since the beginning of 2017, including CA$40 million in debt. Stayner, Ontario-based […] Cronos signs deal to secure CA$30 million for marijuana R&D is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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