December 7, 2016 / 5:22 PM / in 10 months

BRIEF-Canabo Medical raises $8.4 mln in equity financing,announces intention to complete 7,500 patient observational study

Dec 7 (Reuters) - Canabo Medical Inc:

* Canabo Medical Inc says entered into an agreement with Aphria Inc for private placement of 6 million common shares at a price of $1.40 per share

* After offering, Aphria will own approximately 16.6% of total issued and outstanding common shares of company

* Canabo Medical - Observational study to complete participant enrollment in 2017 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below