Nhale, Inc. (NHLE) Joins Private Toronto Group in Equity Finance Talks Centered on Legal Marijuana Industry
Nhale has announced it is in discussions with a Toronto-based private investment group to execute a $10 million equity finance arrangement focused on the legal marijuana industry. The agreement puts structure to a deal that is designed to invest capital for acquisition and production operations needed for legally growing marijuana. Currently exploring acquisition targets in the state of Washington and Canada, NHLE also has recently executed a Letter of Intent to audit the potential upside of a prospective grower based in Oregon. The process runs in line with the company’s mission to acquire commercial properties with sound business strategies in…