Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Vuk Zdinjak

BioHarvest Sciences Announces A Private Placement Of Up To $5M Of Convertible Notes

BioHarvest Sciences Inc. (OTCPK: CNVCF) (CSE:BHSC) (FSE:8MV) announced a financing plan based on a private placement of up to $5 million. The funds raised will allow the company to accelerate the growth plan for its polyphenols/antioxidants and cannabis verticals.

On March 23, 2021, BHSC announced the completion of the company's cannabis R&D program, marking the start of the proposed transition to commercial-scale manufacturing. BioHarvest plans to bring its first cannabis products to market in 2022 and will be converting the current VINIA 2 tons/year facility in Rehovot, Israel to produce cannabis.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.