Tweed Marijuana Inc. Closes $15 Million Bought Deal Financing

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OTTAWA, May 14, 2014 /CNW/ – Tweed Marijuana Inc. (“Tweed”) (TSXV: TWD), is pleased to announce that it has closed its previously announced short form prospectus offering, on a bought deal basis, of 4,687,500 common shares for aggregate gross proceeds of $15,000,000 (the “Offering“). The Offering was completed at a price of $3.20 per common share (the “Offering Price“) by a syndicate of underwriters led by GMP Securities L.P. and including Jacob Securities Inc. (collectively, the “Underwriters“).

Tweed Marijuana Inc.’s net proceeds from the Offering will be utilized for corporate purposes.

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