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Cannabis Company News: Compass Cannabis Clinic; Cannara Biotech; and Aphria

Cannabis Company News: Compass Cannabis Clinic; Cannara Biotech; and Aphria

Compass Cannabis Clinic (also 10330698 Canada Ltd.) announced which they have finally closed the round that is second of because of its hospital and retail portfolio expansion plan. Compass Cannabis Clinic has closed an oversubscribed, non-brokered placement that is private a substantial boost in valuations because of its investor that is existing base.

The profits with this funding totaled C$2.5 million at 31 cents per share.

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Compass Cannabis is a Canadian cannabis that are medical company with 39 clinics which are now exposed or are finalized as well as in development throughout the country. The company that is alberta-based to further increase across Alberta, British Columbia, Ontario, and Saskatchewan.

After recreational cannabis is legalized in Canada, greater part of the clinics will likely be changed into dispensary operations where licensing will allow. Continue reading