Pure Global Cannabis completes $10 million financing

October 30, 2018

On September 17, 2018, Pure Global Cannabis Inc. (“Pure Global”) (TSX.V: PURE; OTC: PRCNF) closed a brokered private placement offering with a syndicate of investment dealers led by Eventus Capital Corp. and including PI Financial Corp., for gross proceeds of $10 million.

Pure Global is a vertically-integrated, growth-oriented life sciences cannabis company led by experienced pharma industry, horticultural, consumer packaged goods (CPG), and supply chain experts. Pure Global’s wholly owned subsidiary, PureSinse Inc., is a licensed producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR) focused on producing cannabis for medical, wellness, health & beauty, natural health, and future legal adult-use markets.

Miller Thomson advised the syndicate of investment dealers with respect to this offering with a team led by Mack Hosseinian and including Luigi Valente (Corporate/M&A) and student Paul Dimerin.