Simply Solventless Concentrates Ltd (TSE:HASH) has released an update.
Simply Solventless Concentrates Ltd. has successfully closed an oversubscribed financing round, raising $800,000 to boost the production and distribution of their cannabis brands, Astrolab, Frootyhooty, and Lamplighter. The company is expanding into the Saskatchewan market, following the growth in Alberta and Ontario, and continues to strengthen its financial position with a debt-free balance sheet. The capital will be directed towards market expansion and production efficiency improvements.
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