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Tag Archives: Organic Cannabis

48North Enters Into $25 Million Bought Deal Equity Financing

48North Cannabis Corp. (TSXV:NRTH) (“48North” or the “Company”), is pleased to announce that it has entered into a letter of engagement with Eight Capital, under which Eight Capital has agreed to purchase, as sole bookrunner and lead underwriter, along with a syndicate of underwriters (the “Underwriters”), 18,382,400 units of the Company (the “Units”), on a “bought deal” basis pursuant to a filing of a short form prospectus, subject to all required regulatory approvals, at a price per Unit of $1.36 (the “Issue Price”) for gross proceeds of $25,000,064 (the “Offering”).
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Cultivation License Secured for TGOD’s Operations in Denmark

The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX: TGOD) (US: TGODF) is pleased to announce that the Danish Medicines Agency, the Government body responsible for issuing cannabis related licenses, has granted an initial cannabis business authorization to TGOD's joint venture production partner Knud Jepsen.
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The Green Organic Dutchman and TGOD Acquisition Announce Receipt of Final Order and Distribution Record Date

The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF) and its wholly-owned subsidiary, TGOD Acquisition Corporation ("SpinCo"), are pleased to announce that TGOD has received a final order from the Ontario Superior Court of Justice (Commercial List) (the "Court") approving the previously announced plan of arrangement (the "Arrangement") under the terms and conditions of an arrangement agreement, dated October 25, 2018, between TGOD and SpinCo, as amended (the "Arrangement Agreement") whereby TGOD will distribute to TGOD shareholders (the "Distribution") unit purchase warrants of SpinCo (the "SpinCo UnitWarrants").
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