/PRNewswire/ - Cannara Biotech Inc. ("Cannara" or the "Company") (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade.
Cannara Biotech, a vertically integrated producer of premium-grade cannabis and derivative products with two mega cultivation facilities based in Québec spanning over 1,650,000 sq. ft., announced the refinancing and upsizing of its current bank credit facility to $22 million from $5.4 million with the primary use of additional funds to be allocated.
Top 5 reasons why Canadian investors should capitalize on Cannara bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ - Cannara Biotech Inc. ("Cannara" or the "Company") (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade.
The Green Organic Dutchman Provides Corporate Update
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Achieving higher potency and yield in harvests
TORONTO, April 29, 2021 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the Company or TGOD ) (TSX: TGOD) (US: TGODF), a leading producer of premium certified organically grown cannabis, is pleased to provide a corporate update on its operations and progress on its strategic business plan.
Asset Monetization
Earlier this year, TGOD initiated the process of monetizing underutilized assets, especially at its cultivation and processing facility in Valleyfield, Quebec (the Valleyfield Facility ). In doing so, the Company hopes to increase its financial flexibility in order to reduce its debt and capitalize on future opportunities. To date, TGOD has realized $2.64 million from the sale of various excess assets and has recently closed the first round of bidding on its Valleyfield Facility, after receiving multiple viable bids. Manag