Cannabis Wheaton to raise $35 million, while lowering cannabis investor risk

Cannabis Wheaton (TSX Venture CBW), a Vancouver-based company innovating a new cannabis supply and investor model, will raise $35 million through convertible debentures. The money will be used to fund its partners—cannabis producers around the globe—to achieve their cultivation and brand-building business goals.

Cannabis Wheaton invests in a wide range of cannabis producers, building supply agreements into each deal. With multiple production sources reducing the risk of production problems from any one source, it sells its supply to large customers needing guaranteed product, such as medical clinics, pharmacies, government purchasing agencies and other potential distribution channels. It currently has over 15 production partners, which it calls “streaming” partners.

This diversified model reduces risk for both very large cannabis customers, and for ordinary investors, who can invest in a diversified collection of cannabis producers instead of focusing on one producer.

Large clients purchase supply contracts from Wheaton without having to put “all their eggs in one basket.”

MMCAP International, the lead subscriber to the debentures, has agreed to purchase $28 million of the debentures. The debentures will be convertible into common shares up until the maturity date of June 30, 2018. Before conversion, they will pay 8% interest.

Source: Wheaton Cannabis

Cannabis Wheaton to raise $35 million, while lowering cannabis investor risk

About Cannin: Your Cannabis Stocks Resource

Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2020.

Use Cannin as your resource for:

Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Are you looking to buy stock in hemp companies or marijuana companies for 2020? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.

Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.

+25% Gains in 2020
+49.8% Gains in 2019
Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cannabis stocks – we’ll show you how at cannin.com.

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Hemp stocks

Cannabis Wheaton to raise $35 million, while lowering cannabis investor risk