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BlissCo raises C$5.6M in private placement

BlissCo Cannabis Corp. raised C$5.6 million in a private placement related to its listing on the Canadian Securities Exchange.

As part of the transaction, The Supreme Cannabis Co., formerly known as Supreme Pharmaceuticals Inc. invested C$3 million in the company, resulting in a 10% equity ownership in BlissCo.

The Vancouver-based medical cannabis company started trading on the exchange under the "BLIS" ticker on March 2.