Pure Global Cannabis Inc. (TSXV:PURE) announced that it has entered into an non-brokered private placement on February 10, 2020. The company will issue 37,500,000 units at a price of CAD 0.056 per unit for gross proceeds of CAD 2,100,000. Each unit will consist of one common share and one-half common share purchase warrant. The warrants have an exercise price of CAD 0.1225. The warrants can be exercised beginning four months and a day after issuance then anytime for a period of 30 months following the closing date. The offering is expected to close on or about February 14, 2020.