Yesterday's announced financing: May 25

Here's the single announced equity financing over $1 million from yesterday, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.

1. Herb Dispatch Inc. (CSE: HERB)

• Gross Proceeds: $1 million
• Sector: Cannabis
• Units issued: 100 million
• Type: Special units
• Price: $0.01
• Warrants: Full; $0.05; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Cannabis e-commerce distribution company
• Generated gross sales of $400,000 in the first quarter of 2023
• Recently began providing direct cannabis deliveries to customers in British Columbia