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HomeFinTechBotanical Holdings: Raises GBP 4.5M in Equity Funding

Botanical Holdings: Raises GBP 4.5M in Equity Funding

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  • Botanical Holdings, a London, UK-based investment holding company focusing on the legal medicinal cannabis industry, completed a pre-listing equity-funding round of GBP 4.5m
  • The funds secured in this round will paid in three tranches of GBP 1.5m each, at increasing share prices for each tranche
  • The first tranche is available immediately, the second at the end of March 2021, and the third by the end of June 2021
  • The company will also use the funds for several essential activities
  • Through its subsidiary EuroCan, it will also continue its first complete on-site test growing cycles in the group’s newly constructed 2,800m2 greenhouse facility in Lesotho
  • Led by Carl Esprey, CEO, Botanical Holdings is an investment holding company focusing on the legal medicinal cannabis industry

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