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Canapar Welcomes RAMM Pharma as Strategic Shareholder; Closes $6,427,000 Financing
January 20, 2021 09:48 ET
| Source:
Canapar Corp.
Canapar Corp.
Toronto, Ontario, CANADA
RAGUSA, Italy, Jan. 20, 2021 (GLOBE NEWSWIRE) Canapar Corp. (“Canapar”) and RAMM Pharma Corp. (including its wholly owned subsidiaries, RAMM ) (CSE: RAMM) are pleased to announce they have entered into a strategic partnership, combining Canapar’s hemp-derived cannabidiol (CBD) extraction expertise with RAMM’s leadership in cannabis-derived pharmaceutical and cosmeceutical products. As part of the strategic partnership, RAMM has acquired Canopy Rivers’ (TSX: RIV) (OTC: CNPOF) 49% ownership interest in Canapar. This investment is expected to immediately enhance both RAMM and Canapar’s ability to capitalize on the rapidly expanding European and South American hemp-derived CBD markets. ....

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