Tweed Marijuana Closes $20 Million Bought Deal

March 19, 2015

Earlier this week, Tweed Marijuana Inc. (TSXV: TWD) announced that it had closed its previously announced short form prospectus offering, on a bought deal basis, of 9,302,400 common shares of the Company for aggregate gross proceeds of $20,000,160. The offering was completed at a price of $2.15 per common share by a syndicate of underwriters led by GMP Securities L.P. and including Dundee Securities Ltd. and M Partners Inc.

LaBarge Weinstein acted as counsel to Tweed with a team that included Debbie Weinstein, Shane McLeanKyle Lavender, and Tayyaba Khan.

Read the complete press release.

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