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

Published: 09/26/2018

Team: Nancy Choi, David Gardos, Kyle Simpson

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