Aurora Cannabis (NYSE | TSX: ACB) Increases Cornerstone Investment in Cannabis Retailer Choom (CSE: CHOO | OTC: CHOOF) with Additional $20 Million
Marijuana Stocks, Finance, & InvestingUncategorized November 12, 2018
Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Choom Holdings Inc. (CSE: CHOO; OTCQB: CHOOF) an emerging adult use cannabis company that has secured one of the largest retail networks in Canada, are pleased to announce that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per Common Share, with a four year maturity date. Aurora has also secured the right to acquire up to 40% of the Company at $2.75 per Common Share.
Read moreMarijuana Powerhouse Surprise Move Reveals Rapidly Emerging Marijuana Hot Spot As Aurora Cannabis (TSX | NYSE: ACB) invests C$20 million into Choom Holdings (OTC:CHOOF | CSE:CHOO)
Marijuana Stocks, Finance, & InvestingUncategorized November 12, 2018
Dear Seed Investor, The next stage of the marijuana boom starts now. If you’re reading this, you’re going to get a head start on it all too. Earlier today, Aurora Cannabis (TSX | NYSE: ACB) just announced it will invest C$20 million (about US$15 million) into Choom…
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