Christina Lake Cannabis (TSE:CLC) has released an update.
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Christina Lake Cannabis Corp. has successfully closed the first tranche of a non-brokered private placement, raising approximately $1.87 million. A significant portion of the funds will be allocated to general working capital and settling existing debts. The company plans additional closings before the end of December.
For further insights into TSE:CLC stock, check out TipRanks’ Stock Analysis page.