Weed Me Inc. announced a private placement of unsecured convertible notes for gross proceeds of CAD 1,000,000 on March 4, 2022. The convertible notes have a cash yield of 8% per annum and maturity date of April 29, 2023. The transaction includes participation from existing investor, Hygrovest Limited.

The company also issued 230,415 warrants convertible into 230,415 shares each at CAD 2.17 with an expiry date of October 29, 2024.