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Saturday, November 16, 2019 12:52:46 AM
"The SEC's Reg A+ exemption will allow BANGI to raise up to $50 million from both accredited and non-accredited investors through a non-dilutive debt offering," said Dr. Neil Parsan, Chairman and Chief Executive Officer of BANGI, Inc. "We are excited to deliver on our commitment to allow early members of the growing cannabis communities who previously could not participate in major stock offerings due to their inability to meet certain wealth or income requirements to be considered an 'Accredited Investor'. Now, these early supporters of BANGI and our growth strategy, will be able to participate at the same level playing field as any major institutional investor or hedge fund."
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