TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company ”) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, is pleased to announce that it has today closed a private placement with an institutional investor (the “Investor ”), for aggregate gross proceeds of $37,822,500 (the “Offering ”). All dollar amounts in this news release are in Canadian dollars.
To read the full press release from MediPharm Labs Corp., click here.
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