James E. Wagner Cultivation Corporation announced that it closed both the second and third tranches of its previously announced non-brokered private placement. These tranches are part of a larger offering conducted by JWC to raise aggregate gross proceeds of up to CAD 7.5 million. JWC intends to use the proceeds for corporate and general working capital purposes and to further develop JWC's second facility located at 530 Manitou Drive, Kitchener, Ontario.