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Schwazze Shares Bounce On Heels Of Five Star Buds Deal Valued At $72 3M

Justin Dye | Benzinga

Medicine Man Technologies Inc (OTC: MDCL) announced that Dye Capital & Company is increasing its investment in the company from $14 million to $21 million. Justin Dye, Dye Capital Management Partner, is stepping up to serve as Medicine Man Technologies Chairman of the Board. Dye was a. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

Schwazze Raises $34M To Support Purchase Of Star Buds Stores

The Colorado company completed the latest tranche of preferred equity, bringing its total raise to $56 million. CRW Capital Cann Holding LLC, an affiliate of Dye Capital, led the latest investment round alongside other investors.   Schwazze managed to collect $71 million in financing since December, including the latest round. Under the private placement, the company issued and sold a total of around 56,000 Series A Cumulative Convertible Preferred shares with a price of $1,000 per share. The securities were presented by DelMorgan Group LLC and the Benchmark Company LLC. Schwazze also completed a debt financing of $15 million, out of which $5 million will be funded as part of an undisclosed purchase.

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