Gage Cannabis Seeks $50M In Financing Before IPO, Exec Chair Bruce Linton Says

Craft cannabis brand Gage Cannabis Co. is poised to raise up to $50 million through a share offering.

The Detroit-based company is offering more than 28.5 million shares of subordinate voting shares at $1.75 per share.

Gage hired broker-dealer The Dalmore Group to advise the process.

Gage executive chair Bruce Linton said Wednesday that the company opted to “provide investors with the opportunity to invest in a growing and …

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