Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., March 18, 2019- (24/7MarketNews via COMTEX) Venture Market News for March 18, 2019.

  • iAnthus Announces Closing of US$35 Million Private Placement of Unsecured Convertible Note Units

 NEW YORK, March 18, 2019 /CNW/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States, is pleased to announce that it has completed the private placement offering of US$35 million of unsecured convertible notes and corresponding warrants to three investors (the “Offering”). The proceeds from the Offering will be applied to continue the build-out of facilities across the Company’s 11-state footprint.

Full press release

  • Medovex Corporation Receives an Additional $1.25 Million Under Existing Securities Purchase Agreement

ALPHARETTA, Ga., March 18, 2019 (GLOBE NEWSWIRE) — Medovex Corporation (OTCQB: MDVX) (“Medovex” or the “Company”) today announced that on March 11, 2019, the Company entered into a securities purchase agreement with eight purchasers pursuant to which the purchasers invested in the Company an aggregate amount of $1,250,000. Pursuant to the agreement, the Company increased the maximum offering size from $6,000,000 to $8,000,000

Full press release

  • InnerScope Hearing Technologies (OTCQB: INND) Announces its Continued Record Sales Growth

 ROSEVILLE, Calif., March 18, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE —  InnerScope Hearing Technologies Inc. (OTCQB: INND) a manufacturer and Direct-to-Consumer (“DTC”) distributor/retailer of FDA-Registered Hearing Aids, Personal Sound Amplifiers Products and Hearing Related Treatment Therapies, (“Hearing Products”) announced its continuing month over month record sales growth for 2019 by reporting an increase of 551% for the month of February 2019. The increase reflects the total receipts in February 2019 of $125,374 (unaudited) including prepaid hearing aid sales orders, compared to $22,753 revenue booked in February 2018. The February 2019 total receipts also show an increase of 143% over last month record-setting receipts recorded for January 2019.

Full press release

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