City View Green Holdings (TSE:CVGR) has released an update.
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City View Green Holdings Inc., a cannabis-infused edibles manufacturer, has announced the extension of its non-brokered private placement to raise up to $1,000,000 through the sale of units priced at $0.01 each. The units come with share purchase warrants, and the funds raised are intended for general corporate purposes. Additionally, the company is reviewing strategic alternatives to enhance shareholder value, including a potential spin-out of its subsidiary.
For further insights into TSE:CVGR stock, check out TipRanks’ Stock Analysis page.