Medical cannabis producer Cronos taps major bank for planned CA$100M stock sale

Licensed producer Cronos Group is looking to raise up to 100 million Canadian dollars ($78 million) in what would be only the second equity financing between one of Canada’s biggest banks and a medical marijuana company. Cronos plans to spend CA$15 million of the new proceeds on capital expenditures related to international operations and domestic […] Medical cannabis producer Cronos taps major bank for planned CA$100M stock sale is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs