City View Green Holdings Extends Private Placement to Raise $1 Million

City View Green Holdings ( (TSE:CVGR) ) has issued an update.

City View Green Holdings Inc. has announced an extension of its private placement offering, which aims to raise up to $1,000,000 through the sale of 100,000,000 units at $0.01 per unit. The company has already issued 23,475,000 units for $234,750 and plans to issue the remaining 76,525,000 units by May 10, 2025. This financing effort is intended to support general working capital needs and involves a non-brokered private placement subject to regulatory approvals. The announcement reflects City View’s strategic efforts to bolster its financial position and expand its market presence in the cannabis-infused edibles industry.

More about City View Green Holdings

City View Green Holdings Inc. is a Canadian-based company specializing in the development and manufacturing of cannabis-infused edibles. The company is a leading player in the consumer packaged goods sector, focusing on cannabis products, and received its Cannabis Act processing license on April 30, 2021.

Technical Sentiment Signal: Buy

Current Market Cap: $975.8K

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