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Canadian Cannabis Stock Spouts Up on Financing Agreement
Posted By
Sean Mason
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May 1, 2017
Sean Mason | May 1, 2017 | SmallCapPower
Financing for a marijuana production facility created a bit of a buzz over a Canadian cannabis stock Monday. Here’s some small stocks making big moves on Monday, May 1, 2017 (as of 4 pm EST):
Canadian cannabis stock Harvest One Cannabis Inc. (TSXV: HVST) climbed 17% to $0.84 after announcing that it has entered into two separate interim agreements with PanCann Streaming Corp. to finance the construction of both the Lucky Lake facility and a new additional facility to be identified, in consideration for an equity participation in the applicable entity and a production yield allocation from both facilities.
Harvest One signs deal with PanCann, page-15
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