PleoPharma Closes $36M Series B Financing Round

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PHOENIXVILLE, Pa. — PleoPharma Inc., a privately held company focused on finding treatments for cannabis-related health issues, closed a $36M Series B financing round.

PleoPharma will use the proceeds to advance its lead asset, PP-01, an investigational product for treating cannabis use disorder.

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SuperVision Partners LLC served as the lead placement agent for the offering along with Castle Hill Capital Partners Inc.

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