On September 28, 2021, GreenSpace Brands Inc. closed the transaction. The company issued 47,955,000 units at a price of CAD 0.06 per unit for aggregate gross proceeds of CAD 2,877,300. The transaction also included participation from Shawn Warren, President and Chief Executive Officer of the company who subscribed for 1,750,000 units. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 38 placees including insiders PenderFund Capital Management Ltd., for 9,802,600 shares and Shawn Warren, 1,750,000 shares. The company will pay finder's fee of CAD 163,683 in cash and 2,728,500 broker warrants to PI Financial Corp and Canaccord Genuity Corp. Each broker warrant entitles its holder to acquire one common share of the company at a price of six cents per common share for an 18-month period.