Less than 1 min.Read

Botanical Holdings: Raises GBP 4.5M in Equity Funding

March 24, 2021

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