CordovaCann Corp. announced that it will receive $1309499 (CAD 1,036,861.3082) in funding on August 18, 2021. The company will issue units in the transaction. Each unit is comprised of one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share for a period of twenty-four months from the date of issuance at a price of CAD 0.45 per common share. The transaction included participation from 18 investors. The company will issue securities pursuant to exemption provided under Regulation D.