CB2 Insights Announces $3,000,000 private placement led by Merida Capital

CB2 Insights, one of the largest integrative healthcare systems in the United States, announced on September 2 that it intends to complete a non-brokered private placement of up to 20,000,000 units of the company at a price of $0.15 per unit for aggregate gross proceeds of up to CAD $3,000,000. CB2 also announces that it has received a definitive lead order in the amount of CAD $2,000,000 from Merida Capital Partners, a cornerstone investor in the company. The offering was expected to close on or about September 23, 2020.