Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) today announced an expansion of its current advisory agreement with Wahupta Ventures Inc. to include new financing. According to the update, Redfund Capital has agreed to invest up to $1,000,000 into Wahupta Ventures Inc., with proceeds intended to assist in building its extensive and growing Canadian hemp footprint. Headquartered in Canada and the U.S., with offices in Winnipeg Manitoba, Vancouver, British Columbia, and Orange County, California, Wahupta has positioned to be a hemp industry leader from farm to table with CBD and hemp products through strategic joint ventures, partnerships, and acquisitions. The company’s partnership with Naturally Splendid Enterprises, a Canadian-based hemp food manufacturer, provides access to the extensive North American supply chain with numerous distribution points. “We believe strongly in the team and their vision at Wahupta, and are eager as well to work with their partner Naturally Splendid in developing client and proprietary hemp products,” Redfund CEO Meris Kott stated in the news release. “We look forward to helping assist Wahupta to the next level of their strategic plan with additional capital.”
To view the full press release, visit http://cnw.fm/i2Yxl
About Redfund Capital Inc.
Redfund intends to provide debt and equity funding in the mid- to late-stages of a target company’s development or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis, hemp and CBD-related and healthcare-related companies. For further information, visit the company’s website at www.RedfundCapital.com.
About CanadianCannabisWire
CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.canadiancannabiswire.com
Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have a questions or are you interested in working with CNW? Ask our Editor
CanadianCannabisWire (CNW)
Toronto, Ontario
www.canadiancannabiswire.com
905.674.5977 Office
[email protected]
