Cannabis Business Information: Compass Cannabis Clinic; Cannara Biotech; and Aphria

Cannabis Business Information: Compass Cannabis Clinic; Cannara Biotech; and Aphria

Compass Cannabis Clinic (also 10330698 Canada Ltd.) announced which they have finally closed the second round of funding because of its center and shopping profile expansion plan. Compass Cannabis Clinic has closed an oversubscribed, non-brokered personal positioning at a significant escalation in valuations for the existing investor base.

The proceeds with this financing totaled C$2.5 million at 31 cents per share.

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Compass Cannabis is really a Canadian medical cannabis consultation company with 39 clinics which can be now exposed or are finalized and in development over the country. The Alberta-based business intends to further increase across Alberta, British Columbia, Ontario, and Saskatchewan.

After leisure cannabis is legalized in Canada, almost all the clinics Will be converted into dispensary operations where licensing shall enable. Compass Cannabis Clinic has begun the application procedure for 37 shopping places into the province of Alberta. Read More