• Round of financing led by Bruce Linton, executive chairman of Gage Cannabis and cannabis industry pioneer
  • Reg A+ equity financing offers chance to invest in exclusive cultivator, processor, and retailer of world-leading cannabis brands
  • First step in Gage’s journey to becoming publicly traded company

Gage Cannabis Co., the leading high-quality craft cannabis brand and operator in Michigan, has launched a Regulation A, Tier 2, equity financing. The pre-IPO round of financing is being led by Bruce Linton, executive chairman of Gage Cannabis, a founder and former CEO and chairman of Canopy Growth Corp.

“We wanted to provide investors with the opportunity to invest in a growing and dominant cannabis operation before an official IPO process,” said Linton. “Michigan is one of the top cannabis markets in the U.S., and I am confident Gage is poised to continue building on its historical execution and fortifying its position as one of the top operators and brands in Michigan, as well as a name consumers look for across the United States.”

Linton transformed Canopy Growth Corp. from a concept into one of the most recognizable and valuable cannabis companies in the world. A passionate entrepreneur, he has decades of experience in a variety of industries, creating unprecedented long-term shareholder value. As the first and lead investor in the offering, his unwavering support and confidence in Gage Cannabis is clear.

The round of financing consists of up to 28,571,400 shares of subordinate voting shares, available for $1.75 per share. The shares are being offered pursuant to Regulation A of Section 3(b) of the Securities, as amended, for Tier 2 offerings, by management on a “best-efforts” basis directly to purchasers who satisfy the requirements set forth in Regulation A.

For investors, the pre-IPO opportunity to invest in the exclusive cultivator and retailer of several world-leading cannabis brands can’t be ignored. The company’s exclusive brands include Cookies, Lemonnade, Runtz, Grandiflora, SLANG Worldwide, and OG Raskal; Gage also has its own proprietary brand portfolio, distributed in Michigan.

The leaders at Gage Cannabis are focused on becoming the retailer of choice among adult-use and medical-cannabis consumers. Initially, Gage has opened five dispensaries, with plans to open three more locations by the end of 2020; the company intends to have more than 20 operating stores by the end of next year. So far this year, Gage has reported $31 million in sales, with that number only expected to increase in the coming months.

“We’re excited to invite public investors to join alongside industry juggernauts, like Bruce Linton, and provide them with the opportunity to participate in our future success,” said Fabian Monaco, President of Gage Cannabis. “We have strategically acquired a portfolio of high-quality operating assets and brands in the rapidly growing Michigan market and developed a reputation for providing consumers with access to craft cannabis in elevated retail environments. This is a great first step in our journey to becoming a publicly traded company, and we’re excited to continue to build on our strong foundation while delivering long-term shareholder value.”

Gage Cannabis Co. is innovating and curating the highest quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, three processing licenses and 13 provisioning centers (dispensaries).

The Company encourages all interested investors to visit GageInvestors.com for a link to the Offering Circular and to learn how to invest in the Offering. Financing information is also available by calling toll free at 1-844-606-0809 or locally at 1-616-504-6060

For more information, visit the company’s website at www.GageInvestors.com.

NOTE TO INVESTORS: The latest news and updates relating to Gage Cannabis Co. are available in the company’s newsroom at https://cnw.fm/GAGE

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

SOURCE: https://www.cannabisnewswire.com/gage-cannabis-co-announces-pre-ipo-financing-round-early-opportunity-to-invest-in-top-operator/