Bhang Inc. (CSE:BHNG) – a global cannabis CPG brand company with an award-winning portfolio of products – announced that it has just closed a second and final tranche of its previously announced non-brokered private placement of subordinate voting shares of the Company for gross proceeds of up to $2,000,000 at a price of $0.065 per Subordinate Voting Share (the "Offering").
The Company has closed a second and final tranche of the Offering through the issuance of 16,853,615 Subordinate Voting Shares at a price of $0.065 per Subordinate Voting Share for aggregate gross proceeds of approximately $1,095,485 .
The proceeds of the Offering will be used for general working capital purposes.
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FULL DISCLOSURE: Indiva Ltd. and Bhang Inc. are clients of Stockhouse Publishing.