Prior Raises

Summary of $87 Million of Cannabis and Non-Cannabis Bortles Capital Raises

$11.5 Million 2017 – 2019

Cannabis Company

Equity Offerings

In March 2017 a $390,000 equity capital offering Bortles prepared as a General Partner was closed for the MMJ Land LP partnership to purchase 54 acres of agricultural land in Vegreville, Alberta Canada and commence development planning work for the eventual construction and operation of an 84,000 sf Health Canada licensed cannabis grow facility.

From January 2017 to June 2018 Bortles was the Executive Chairman and CEO of Canada House Wellness Group. In late 2017 I organized an $8.6 million private placement convertible debenture offering and closed this in December 2017. These funds, together with substantial warrant exercises, allowed Canada House to report a $9.2 million working capital balance as at 31 January 2018, and realize an increase it’s public market capitalization from $50 million to $180 million.

In January 2019 Bortles prepared for THC Analytics LP a $625,000 equity capital private placement offering to renovate 1,900 sf of office space and equip it to commence a licensed cannabis testing laboratory in Nevada City, California. This offering was closed four months later, in April 2019, with an over subscription of $825,000. The laboratory was completed and ready to commence operations in late August 2019.

In February 2019 Bortles prepared for JW Kitchen LP a $3.5 million equity capital private placement offering to renovate9,000 sf of warehouse space and equip it to commence the production of cannabis edibles in Oakland, California. This offering was closed in July 2019, and the production facility is scheduled to commence operations in May 2020.

$75.3 Million 1963 – 2017

23 Commercial Real Estate

Equity Offerings

 

The scope of ‘Bortles’professional feasibility, financing, development, management and ownership exceeds $18 billion in current value.