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Eco Science Solutions to raise $30M in financing

Eco Science Solutions Inc. entered into an equity purchase agreement to raise more than $30 million.

The company intends to use proceeds from the equity financing to fund the growth of the consumer and professional product lines, the expansion of its operational team and strategic acquisition opportunities.

Eco Science Solutions also provided an update regarding its 2017 execution framework. It plans to focus on consumer and enterprise technology investment, building on its product formulation and inventory for distribution, and strategic acquisitions that provide an accelerated time frame to secure market share.