Debra BorchardtJune 9, 2023
HempFusion now will explore options for bankruptcy.
Tag: HempFusion
Debra BorchardtJune 9, 2023
StaffMay 25, 2021
HempFusion Wellness Inc. (TSX:CBD.U) (OTC:CBDHF) is buying Sagely Enterprises, Inc., a leader in premium CBD products with mass distribution in more than 14,000 retailers nationwide. The deal is valued at $25 million and consists of $2 million in cash and $23 million in common shares of HempFusion at a price per share of roughly $1.021. […]
Debra BorchardtJanuary 6, 2021
HempFusion Wellness Inc. completed its initial public offering (IPO) of 7,000,000 common shares at a price of $1.00 per share for gross proceeds of $7 million and 10,000,000 units of the company for gross proceeds of $10 million. The company will begin trading on the Toronto Stock Exchange today under the following symbols: CBD.U – the […]
William SumnerAugust 14, 2019
It’s time for your Daily Hit of cannabis financial news for August 14, 2019. On the Site Zenabis Global Zenabis Global Inc. (TSX: ZENA) (OTC: ZBISF) reported that its second-quarter net revenue rose 78% to $25 million from last year’s $4.1 million for the period ending June 30, 2019. The company said that the results […]
Debra BorchardtJune 11, 2019
US hemp-based CBD company HempFusion has a distribution with over 3,400 retailers and is now partnering with RADD Capital to advise the company on strategic fundraising initiatives including multiple staged private financings and a future Canadian Initial Public Offering. “We are incredibly excited to partner with RADD Capital and leverage their extensive cannabis and hemp […]
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