GABY Inc. Completes $12.5 Million Financing in connection with the US$36.5 Million Acquisition of California’s Mankind DispensaryFebruary 04, 2021
GABY Inc. (“GABY”), a California based cannabis consumer products company and soon to be cannabis retailer, completed a brokered private placement of subscription receipts (the “Brokered Offering”) and a non-brokered private placement of units (together with the Brokered Offering, the “Private Placement”), for aggregate gross proceeds of $12.5 million. Proceeds from the Private Placement will be used to fund the merger between Gaby and Miramar Professional Services, which operates one of the oldest licensed dispensaries in California – Mankind Dispensary.
The Brokered Offering was conducted by a syndicate of agents led by Mackie Research Capital Corporation and included Haywood Securities Inc.
Wildeboer Dellelce LLP acted for the Agents in connection with the Brokered Offering with a team consisting of Jeff Hergott, Joel Fraser, Niall Sweeney and Nick Robelek (corporate/securities).
Mackie Research Capital Corporation
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