VANCOUVER, BC CMM,(Marketwired December 22, 2016) Canabo Medical Inc. (TSX VENTURE: CMM) ( Canabo or the Company ), further to the Company s press release dated December 7, 2016, has closed its brokered private placement with Aphria Inc. (TSX VENTURE: APH)(OTCQB: APHQF) ( Aphria ) of 6,000,000 common shares (the Shares ) at a price of $1.40 per share, to raise gross proceeds of $8,400,000 (the Offering ). After giving effect to the Offering, Aphria will own approximately 16.6% of the total issued and outstanding
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