- 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