representative work

Cassels Represents Canaccord Genuity in SLANG Worldwide’s $66 Million Financing


On September 26, 2018, Fire Cannabis Inc. (d/b/a SLANG Worldwide) completed a best efforts private placement of subscription receipts at a price of $1.50 per subscription receipt for aggregate gross proceeds of approximately $66 million.

Canaccord Genuity Corp. and Clarus Securities Inc. acted as co-lead agents and co-bookrunners on behalf of a syndicate of agents, including GMP Securities L.P. and Paradigm Capital Inc.

Cassels acted for Canaccord Genuity with a deal team that included Nancy Choi, David Gardos and Kyle Simpson (Securities and Cannabis).

RELATED EXPERTISE: Cannabis | Securities