Simply Solventless Secures Oversubscribed $3.85M Financing

Simply Solventless Concentrates Ltd (TSE:HASH) has released an update.

Simply Solventless Concentrates Ltd. has successfully completed an oversubscribed funding round, raising $3.85 million to drive growth for its cannabis brands and reduce production costs through the commissioning of in-house hydrocarbon extraction. The funds will also support the integration of CannMart Inc., with the financing indicating strong investor confidence despite market challenges.

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