representative work

Cassels Represents the Underwriters in WeedMD’s $15 Million Private Placement


On November 2, 2017, WeedMD Inc. completed a bought deal private placement of 15,000 convertible unsecured debentures at a price of $1,000 per convertible debenture, for gross proceeds of $15 million.

The offering was completed by a syndicate of underwriters led by Eight Capital and included Haywood Securities Inc. and Mackie Research Capital Corporation.

Cassels acted for the underwriters with a deal team that included Nancy Choi and Stefanie Sebanc (Securities and Cannabis).