from NEWS RELEASEThe Debentures will be offered by way of a short form prospectus to be filed in all provinces of Canada (except Quebec). The Company intends to use the net proceeds from the Offering for capital expenditures for capacity expansion, working capital and general corporate requirements. In addition, the Company views the completion of the Offering as an important milestone in qualifying for graduation to the Toronto Stock Exchange alongside other leading mature licensed producers in the Canadian cannabis industry.
Read more at https://www.stockhouse.com/news/press-releases/2018/09/27/the-supreme-cannabis-company-inc-announces-90-million-bought-deal-financing-of#AFSwtafvQe2Psrkz.99