Cronos Group raises CA$17 million to fund R&D, boost marijuana production

https://mjbizdaily.com/cronos-group-raises-ca17-million-fund-rd-boost-marijuana-production/

Cronos Group has closed a stock deal that raised 17.2 million Canadian dollars ($13.5 million) to fund research and development, expand Canadian cannabis production capacity and develop distribution infrastructure. The deal brings to CA$90 the amount of capital the company has raised so far this year, including CA$40 million in debt, President and CEO Mike Gorenstein… Read More