- Ananda said its investee company, iCAN Israel-Cannabis had secured additional financing from Tress Capital and Plaza Capital through a convertible loan note at a pre-money valuation of $20m.

Ananda invested $200K in convertible loan notes issued by iCAN in August 2018. On 8 January 2020, $100K of Ananda's convertible loan notes were automatically converted into 120 ordinary shares in iCAN, at a valuation for iCAN of USD10m.

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