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Saturday, June 28, 2014

GW Pharmaceuticals Closes U.S. Public Offering; Cannabis-Based Medicines Progress

Yesterday, Salisbury, UK-based GW Pharmaceuticals plc announced the closing of its public offering of 1.7 million American Depositary Shares on the NASDAQ Global Market. When taken together with the full exercise of options for another 255,000 ADSs by the underwriters at $86.83/ADS, the offering totaled $169.8 million.

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