Excellence Cannabis SA announced that it has received PLN 0.5 million in funding from Imperio Alternatywna Spolka Inwestycyjna S.A.
Excellence Cannabis SA announced that it has entered into an agreement for a private placement of 100,000 series B registered shares at an issue price of PLN 5 for total gross proceeds of PLN 500,000 on August 16, 2021. The transaction included participation from new investor Imperio Alternatywna Spolka Inwestycyjna S.A. for 7.14% stake in the company. The transaction was approved by the management board of the company.