Verdemed raises $12.7 mln

Verdemed Holdings Inc, a Canadian medical cannabis company that aims to improve the health of patients in Latin America, said April 16 that it raised $12.7 million in funding. The $12.7 million includes $650,000 in seed funding secured in late 2018, an initial capital installment of $6 million in convertible debt and a second installment of $6 million equity.

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