Cannabix Technologies closes placement

Cannabix Technologies closes placement

Cannabix Technologies Completes Share Placement
February 24, 2026

Cannabix Technologies Inc. (CVE: CBX) announced the successful completion of a non-brokered equity placement, raising CAD 12.5 million through the issuance of 25 million shares at a price of CAD $0.50 per share. The placement, which closed on February 22, 2026, was aimed at funding the company's operational and strategic priorities, including research and development initiatives and market expansion in regulated cannabis technology sectors.

The transaction was conducted under the company's existing shareholder approval, with proceeds expected to strengthen liquidity and support ongoing projects, such as the development of AI-driven cannabis cultivation analytics platforms according to management. Cannabix reported that the placement was well-subscribed, with participation from existing institutional investors and new private investors.

Financial disclosures indicate that the placement does not trigger any dilution beyond previously authorized share limits, as the company had reserved 30 million shares specifically for 2026 fundraising activities. Cannabix's management emphasized alignment with long-term financial goals, including debt reduction and capital allocation for high-priority innovation projects.

The placement follows a period of regulatory scrutiny in the cannabis technology sector, with Cannabix reaffirming compliance with Canadian Securities Administrators guidelines throughout the process. No material adverse changes were reported in the company's financial position as a result of the transaction.

Investors are advised to review Cannabix's SEDAR filings for detailed breakdowns of fund allocation and corporate updates. The company's next quarterly earnings report is scheduled for April 15, 2026.

This article is based on publicly disclosed information and does not constitute financial advice.

[引用越界:1]: Cannabix Technologies, News Release, February 22, 2026.
[引用越界:2]: Cannabix Technologies, Management Discussion & Analysis, Q4 2025.

[引用越界:4]: Cannabix Technologies, Subsequent Event Disclosure, February 23, 2026.
[引用越界:5]: Company filings, SEDAR.
[引用越界:6]: Board of Directors' statement, February 22, 2026.
[引用越界:7]: CSA Compliance Report, January–February 2026.
[引用越界:8]: Financial Statements, Q4 2025.