Wednesday, September 16, 2020 5:47:13 PM
Sep. 16, 2020 4:56 PM ET
By: Khyathi Dalal, SA News Editor
Trulieve Cannabis (OTCQX:TCNNF) entered into an agreement with Canaccord Genutiy for the purchase of 4.1M subordinate voting shares at C$24.50/offered security; aggregate gross proceeds of C$100.45M.
Underwriter granted 30-day option to purchase up to an additional 615K offered securities on the same offer terms.
Proceeds to be used for funding business development and general working capital purposes.
Offer expected to close on or about September 21, 2020.
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