WEEDSLISTS

Showing 1 - 5 of 6605 locations

Bomb ass weed

Categories: Growers
Ad Locations: USA
Currency: $
Condition: New
Warranty: No

GQ-OGKush

Categories: Growers
Ad Locations: USA
Tags: gqclones
Currency: $
Condition: New
Type: Sell
Warranty: No

GQ Apple Fritter

Product type: simple
Product visibility: featured, rated-5
Product categories: Cultivation, Products
Product shipping classes: ken-4
Vendor: GQCLONES

WEEDSLISTS.COM

Welcome to WeedsLists.com – Your Gateway to the Best Local Cannabis Experience!

  • Android App

Recent Ads

https://www.pinterest.com/WEEDSLISTSCOM
Hemp biotech firm 22nd Century Group cuts debt by $8.1 million

Hemp biotech firm 22nd Century Group cuts debt by $8.1 million

MJ Biz

Agricultural biotechnology company 22nd Century Group, which focuses on hemp, tobacco and hops, says it has reduced the outstanding amount of its senior secured debt by $8.1 million.

The Buffalo, New York-based company said its senior secured credit facility now has roughly $14 million outstanding, down from $22.1 million, following “an amendment and waiver process with its lenders.”

“The reduction reflects a waiver and repayment of the $7.5 million minimum cash balance required under terms of the original debenture agreements,” 22nd Century Group said in a Wednesday news release.

An existing promissory note was also assigned as part of the deal, with $600,000 of the note allocated to reduce the outstanding principal and $2 million allocated “to a reduction in the put price associated with the lenders’ outstanding warrants, which portion was subsequently canceled.”

Read more

https://mjbizdaily.com/hemp-biotech-firm-22nd-century-group-cuts-debt-by-8-1-million/

leave your comment

Top