RavenQuest BioMed (CSE:RQB) introduced two new recreational brands for the upcoming Canadian legal market.

As quoted in the press release:


RavenQuest’s cannabis offerings will lead our clients through the entire wholistic cannabis Experience. Each experience begins with an informed selection of a suitable cultivar (strain).  The journey then extends through the enjoyment of inspired packaging and finally delivers a high quality, predictable and repeatable experience that can only come from the science-based grow methodologies for which RavenQuest has become so well-known.

Our first flagship brand, Lore Cannabis, is a luxury offering aimed at a discerning female audience in the 30+ demographic. The Lore cannabis concept is rooted in our innate desire as humans to “Tell Your Story,” to create new stories, and to connect with those around us through the sharing of our stories.

Our second flagship brand, Bloomera, is a clean, simple and accessible offering aimed largely at males aged 30+ who seek out products in their lives that do what they’re supposed to do and brands that deliver on their promise. These gentlemen (or women) are not averse to treating themselves to a product that is excellent and take pride in sticking to a good thing when they find something that works. Essentially, the quintessential Bloomera consumer “Wants What S/He Wants.”

Click here to read the full press release.

Source: globenewswire.com

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce that it has closed the 2nd and final tranche of its Unit financing. In connection with the closing, the Company issued 1,356,873 Units at a price of $0.55 per Unit, for gross proceeds of $746,280.15. Each Unit consists of one (1) common share and one (1) warrant. Each warrant entitles the holder to purchase one common share of the Company, at an exercise price of $0.75 per share, for a period of two years from the date of issuance. The warrants are subject to an acceleration right that allows the Company to give notice of an earlier expiry date if the Company’s share price on the CSE (or such other stock exchange the Company’s shares may be trading on) is equal to or greater than $1.25 for a period of 20 consecutive trading days. Finder’s fees of $42,542, 3,200 Finder’s shares and 80,550 Finder’s warrants were issued in connection with finder’s fees payable.

In total, the Company raised gross proceeds of $1,757,180 and issued 3,194,873 Units.

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