Canopy Growth Corp (WEED)

[john1311]

Australia....

CLOSE OF PUBLIC OFFER - SUCCESSFUL $5M CAPITAL RAISING

Highlights include:


•Successful $5m capital raise completed with significant interest from institutional and HNW investors

and strong support from domestic and international markets

• 100% acceptances received for acquisition of AusCann

• ASX conditional approval for reinstatement received

• Re-listing on track and expected in mid to late January 2017

• Funds to be used to progress medical cannabis operations including licensing applications to

commence growing operations in Australia

• AusCann to leverage IP of largest shareholder and strategic partner, Canopy Growth Corporation,

Canada’s largest and leading medicinal cannabis company