Flower One Announces $10.1M Usd Financing And Successful Loan Modification To Term Debt
Feb 14, 2022•over 3 years ago
Amount Raised
$10.1 Million
Description
Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, today announced a term loan financing with an existing shareholder for aggregate proceeds of $10.1M USD (the “Term Loan”). In addition, the Company has made further advancements in its ongoing debt restructuring through an additional loan modification agreement (the “Loan Modification Agreement”) with its term lender and its affiliates.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech