International Cannabis Corp Completes Financing

September 08, 2016

International Cannabis Corp (“ICC”), a licensed and authorized producer, developer and vendor of recreational cannabis, medicinal cannabis and industrial hemp in Uruguay, completed a private placement (the “Offering”) of subscription receipts for aggregate gross proceeds of $13,000,000. The Offering was completed in connection with ICC’s proposed Qualifying Transaction with Shogun Capital Corp. GMP Securities L.P. acted as lead agent together with Mackie Research Capital Corporation in respect of the Offering.

Wildeboer Dellelece acted for the agents in connection with the Offering with a team comprised of Jeff Hergott, Mack Hossenian and Carlye Bellavia.