Gaia Grow Corp. announced that it will receive a round of funding on July 29, 2021. The company will issue units at a price of CAD 0.05 per unit in the transaction. Each unit consists of one common share and one common share purchase warrant exercisable at a price of CAD 0.055 until July 29, 2024. On the same date, the company closed an initial tranche of the transaction. The company issued 16,720,000 units for proceeds of CAD 836,000 in its first tranche. The company expects to close a further tranche of the transaction. All securities issued in the transaction are subject to a statutory hold period until November 30, 2021. In connection with closing of the initial tranche of the transaction, the company has paid CAD 17,500 and issued 350,000 warrants to certain arms-length parties who have assisted by introducing subscribers to the company.