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Cronos Group raises CA$17 million to fund R&D, boost marijuana production

by / No Comments / 0 View / November 9, 2017

By Matt Lamers

Cronos Group has closed a stock deal that raised 17.2 million Canadian dollars ($13.5 million) to fund research and development, expand Canadian cannabis production capacity and develop distribution infrastructure. The deal brings to CA$90 the amount of capital the company has raised so far this year, including CA$40 million in debt, President and CEO Mike Gorenstein… Read More

Cronos Group raises CA$17 million to fund R&D, boost marijuana production is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Via: Cronos Group raises CA$17 million to fund R&D, boost marijuana production