On September 23, 2020, Zenabis Global Inc. completed its marketed offering of units for aggregate gross proceeds of $7,592,009. The offering was made through a syndicate of agents led by ATB Capital Markets Inc. and including Eight Capital. The proceeds from the offering will be used for general working capital and corporate purposes as well as the partial repayment of unsecured convertible debentures.
Zenabis Global Inc. is a TSX listed Canadian licensed cultivator of medical and recreational cannabis specializing in the propagation and cultivation of floral and vegetable products.
Osler, Hoskin & Harcourt LLP advised Zenabis Global Inc. with a team consisting of Alan Hutchison, Patrick Sullivan, Jie Chai, Michael Cremers, Lindsay Hofer (Corporate) and Timothy Hughes (Taxation).