Acreage Holdings, Inc. (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated cannabis operators in the United States, has closed its previously announced private placement of special warrants for gross proceeds of US$30,000,000. The special warrants were issued at a price of US$4.93 per Special Warrant.
The net proceeds from the Private Placement will be used for working capital and general corporate purposes.
The Company engaged Canaccord Genuity Corp. to be the sole lead agent and bookrunner in respect of the Offering. Fasken advised Canaccord Genuity with a team that included Rubin Rapuch, John Sabetti, Brad Freelan, Jessica Catton Rinaldi, Florind Polo, Markus Liik and Gurinder (Gigi) Gujral.
