Medical pot provider Canada House raises $25 mln facility
Canada House Wellness Group Inc, a Toronto-based medical cannabis company, has secured a draw-down equity facility of up to $25 million. The investor is Alumina Partners, a U.S. private equity firm. Established in 2016, Canada House provides patient-specific cannabinoid therapy products and services through its clinics and licensed producer. The company will use the facility's proceeds for its expansion strategy, which includes adding new patients, completing and expanding an indoor grow facility, and other production priorities.
20 September 2018•3 mins read
