Tag Archives: Boustead Securities

OTCQB Listed Cannabis Company Closes $10 million Reg A+

Last week, True Leaf Medicine International Ltd. (OTCQB: TRLFF) announced that it has raised $10 million (CAD) through a Regulation A+ public equity offering, two months after the SEC qualified its offering statement. Founded in 2013, True Leaf has two main operating divisions: True Leaf Medicine Inc. and True Leaf Pet Inc. The Company’s goal is to provide federally-approved cannabis products

Read more

ADOMANI Closes S-1 Secondary At Large Discount to Reg A+ IPO

Earlier this month, ADOMANI, Inc. (NASDAQ: ADOM) announced the closing of a registered public offering at a relatively large discount to its June 2017 Reg A+ IPO. In June, ADOMANI raised $14.261 million through Regulation A+ by selling 2,852,275 million shares of common stock at a price of $5.00 per share. Following the Reg A+ offering, ADOMANI listed on Nasdaq. ADOM shares

Read more

Public Cannabis Company Receives SEC Qualification for Reg A+ Offering

Late last week, True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) launched a CAD $10 million Reg A+ offering after it received a qualification notice from the SEC. True Leaf is one of the few already public companies to use Reg A+ as a method to raise capital. True Leaf adheres to international reporting standards (vs SEC

Read more