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Redfund Capital partner Cannamerx International launches Hemp/CBD Auction Platform

Redfund Capital Corp (CSE:LOAN) (OTCMKTS:PNNRF) CEO Meris Kott tells Proactive Investors the cannabis-focused financier has formed a strategic alliance with hemp-auction platform Cannabis Mercantile Exchange that launches today.

Kott says Redfund will help with financing and building clientele, of which 57 are signed up already Kott says 2.5 tonnes of hemp biomass has been listed for auction so far.

Quick facts: Redfund Capital Corp.

Price: 0.085 CAD

CSE:LOAN
Market: CSE
Market Cap: $4.27 m
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Buds & Duds: Cannabis stocks slump Tuesday; Redfund Capital shares jump as...

Buds today are Redfund Capital Corp (CSE:LOAN) (OTCMKTS:PNNRF), OrganiGram Holdings Inc (OTCMKTS:OGRMF) (CVE:OGI), the duds taking a hit are Tilray Inc (NASDAQ:TLRY), Sunniva Inc (CSE:SNN) (OTCQB:SNNVF). 

on 04/30/2019

2 min read