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Rocky Mountain High Brands secures $12M investment

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Rocky Mountain High Brands secures $12M investment

Rocky Mountain High Brands Inc. completed a $12 million equity financing through GHS Investments LLC.

Under the agreement, the company will sell up to $12 million of its common stock to GHS Investments.

Rocky Mountain intends to use the sale's proceeds to finance its operations and refinance its less favorable convertible debt.

Moody Capital acted as Rocky Mountain's investment banker in the transaction.