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Tag: Cannabis Debt
Trulieve Completes Redemption of US$368 Million Senior Secured Notes due 2026
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp. completed the redemption of all US$368 million principal amount of its outstanding 8.0% senior secured notes due in 2026. Cash used...
Vireo Growth to Acquire 86% of Schwazze Outstanding Convertible Debt
MINNEAPOLIS -- Vireo Growth Inc. has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes of public U.S....
Molecule Holdings Inc. Amends and Converts Unsecured Debentures
DUNDAS, ON - Molecule Holdings Inc., a Canadian craft-focused cannabis beverage production company, on November 28, entered into amending and settlement agreements with certain holders of 8% unsecured...
Cansortium Issues Shares to Settle Debt
TAMPA, Fla. - Cansortium Inc, a vertically-integrated cannabis company operating under the Fluent brand, has issued an aggregate of 865,382 common shares of the Company to...
Ascend Wellness Holdings Closes $235M Private Placement of Senior Secured Notes
NEW YORK - Ascend Wellness Holdings, Inc., a multi-state, vertically integrated cannabis operator, closed a previously announced private placement of $235 million of 12.75% Senior Secured...
Hempshire Group Trades Shares for Debt
CALGARY, AB - The Hempshire Group Inc. announces the closing of debt settlement and forbearance arrangements in respect of the C$821,520 principal amount and accrued...
LEEF Brands Restructures Debt, Enters Equity Settlement
VANCOUVER, BC - In a strategic financial restructuring, LEEF Brands, Inc., a vertical cannabis operator, has agreed to settle for equity a portion of its outstanding 11%...
Canopy Debt-for-Shares Deal Yields Additional US$50M at 7.5% Interest
SMITHS FALLS, ON - Canopy Growth Corporation entered into an exchange and subscription agreement with a single institutional investor pursuant to which Canopy Growth is expected...
MTL Cannabis Corp. Extends Indebtedness and Warrant Repricing
PICKERING, ON - MTL Cannabis Corp. (CSE: MTLC) announces that as consideration for the extension of $4,166,666.33 in indebtedness owed to Gestion-R RB50 Inc. otherwise...
Trulieve Issues Notice of Redemption for All US$130 Million of its 9.75% Senior Secured...
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the U.S., today announced it has issued a...