News out this morning on E*Trade, see below
"Green Thumb Industries Inc. Announces Closing of CAD$101.66 Million Bought Deal Financing
9:08 AM ET 10/17/18 | Dow Jones
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
VANCOUVER, Oct. 17, 2018 /CNW/ - Green Thumb Industries Inc. ("GTI" or the "Company") (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner-operator of the high growth national retail chain RISE(TM) Dispensaries, today announced the closing of its approximately CAD$101.66 million bought deal financing (the "Offering") with a syndicate of underwriters led by GMP Securities L.P. ("GMP") as lead underwriter and sole bookrunner, and including Beacon Securities Limited, Cormark Securities Inc., Echelon Wealth Partners Inc. and Eight Capital (collectively with GMP, the "Underwriters"). The final Offering includes proceeds from the sale of Subordinate Voting Shares following the full exercise by the Underwriters of their over-allotment option.
The Company intends to use the net proceeds from the Offering for business development, including wholesale capacity, strategic initiatives and general corporate purposes.
The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful."
