DigiPath Raises $8.2 Million to Expand into Cannabis Testing and Education, Files 10-Q

LAS VEGAS, July 23, 2014 /PRNewswire via COMTEX/ DigiPath, Inc. (OTCBB and OTCQB:DIGP), a digital pathology solution provider that is expanding into the cannabis testing and education markets, announced the filing of its periodic report on Form 10-Q for the quarter ended June 30, 2014, which disclosed the consummation of financings in the aggregate amount of $8.2 million from accredited investors during its third fiscal quarter. http://photos.prnewswire.com/prnvar/20140605/94753 Of the $8.2 million raised, DigiPath allocated $1 million of the gross proceeds to general working capital for DigiPath Corp which creates and markets affordable, innovative, and reliable digital pathology solutions and offers advisory services for healthcare clients. The company invested another $1 million on content and curriculum development for its emerging divisions of cannabis education and training. DigiPath expects to use the remaining proceeds to explore new lines of business associated with the resea
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