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Cannara Biotech Announces Non-Brokered Private Placement of 12,000,000 Common Shares

08:18 EDT 12 Jul 2019 | Investing News Network

Cannara Biotech Inc. (the "Corporation" or "Cannara") (CSE:LOVE, FRA:8CB, OTCMKTS:LOVFF), an emerging vertically integrated cannabis company focused on cultivation, and cannabis-infused products, is pleased to announce that it has raised $2,160,000 by way of non-brokered private placement of common shares of the Corporation (each a "Common Share" and collectively, the "Common Shares") at a price of $0.18 per Common Share (the "Offering").

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