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MMJ Group makes C$1 million follow-on investment in Weed Me Inc in preparation for liquidity event

MMJ Group makes C$1 million follow-on investment in Weed Me Inc in preparation for liquidity event

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MMJ Group Holdings Ltd (ASX:MMJ, OTC:MMJJF) has increased its investment holding in unlisted Canadian cannabis company Weed Me Inc with the completion of a follow-on investment of C$1 million in the form of an unsecured convertible note. The extra funds are intended to support Weed Me’s business plan rollout and position the company for a liquidity event (either public listing or sale of business).

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