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Founded Year



Incubator/Accelerator | Alive

About Tendrel

Tendrel is a global leadership platform for social entrepreneurs to engage, learn, grow, and increase impact.

Headquarters Location

Cambridge, Massachusetts,

United States

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Latest Tendrel News

Cannabis Stock News: Tendrel Announces $16.0 Million Private Placement

May 19, 2021

Cannabis Stock News: Tendrel Announces $16.0 Million Private Placement   Calgary, Alberta - May 19, 2021 (Newsfile Corp.) ( Newswire) Tendrel Group Inc. ("Tendrel" or the "Company") is pleased to announce a proposed non-brokered private placement financing for up to 10,666,666 common (the "Shares") of the Company at a price of $1.50 per Common Share for aggregate gross proceeds of $16.0 million (the "Offering"). The net proceeds from the Offering will be used to fund various of the Company's planned strategic acquisitions in Saskatchewan and Manitoba along with working capital and general corporate purposes. The Shares will be offered and sold by private placement in Canada to "accredited investors" within the meaning of National Instrument 45-106 - Prospectus Exemptions and other exempt purchasers in each province of Canada and outside of Canada. The securities issued in the private placement will be subject to applicable hold periods imposed under applicable securities legislation, including a hold period of four (4) months and one day from the date the Company becomes a "reporting issuer" in any jurisdiction in Canada. "All of us at Tendrel are excited about the future of our company. We continue to receive strong investor support for our developing business plan. We have a growth plan with targeted milestones to achieve this year which will shape and transform our business for years to come. This financing will enable us to forge ahead on several fronts as we move to disrupt the cultivation, processing and manufacturing landscape," noted Cameron MacDonald, President & CEO. "Being able to integrate our management knowledge, culture and intentional processes in cannabis development is our second nature. Our love for all things cannabis drives us every day to elevate the cannabis experience for those who know. We recognize the need for cannabis expertise in the current marketplace and are thrilled to be a part of the continued development of the industry at large," noted James Agnew, COO. ON BEHALF OF THE BOARD About Tendrel Group Inc. Tendrel is a collaborative cannabis enterprise, cultivating, processing, and integrating networks of small and medium-sized intentional cannabis developers, bringing our expertise, history and culture to be shared unselfishly with the cannabis world. We create brands for real cannabis customers and honour the level of quality they deserve. Learn more at and stay up to date at: Twitter: >@TendrelGroup; LinkedIn: tendrel-group-inc Notice Regarding Forward-Looking Information: This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward-looking information includes, but is not limited to: the proposed completion of, and the expected use of proceeds of, the Offering; the Company's response to the COVID-19 pandemic; future legislative and regulatory developments involving cannabis and cannabis products; and competition and other risks affecting the Company in particular and the cannabis industry generally. A number of factors could cause actual results to differ materially from a conclusion, forecast or projection contained in the forward-looking information in this release. The forward-looking information in this release is based on information currently available and what management believes are reasonable assumptions. Forward-looking information speaks only to such assumptions as of the date of this release. Readers should not place undue reliance on forward-looking information contained in this release. The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise. New factors emerge from time to time, and it is not possible for management to predict all of those factors or to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward‐looking information. No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and Global investors must adhere to regulations of each country. Please read privacy policy:

Tendrel Frequently Asked Questions (FAQ)

  • When was Tendrel founded?

    Tendrel was founded in 2016.

  • Where is Tendrel's headquarters?

    Tendrel's headquarters is located at Cambridge.

  • What is Tendrel's latest funding round?

    Tendrel's latest funding round is Incubator/Accelerator.

  • Who are the investors of Tendrel?

    Investors of Tendrel include Harvard Innovation Labs.

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