InvestorsHub Logo
Followers 7
Posts 1303
Boards Moderated 0
Alias Born 03/08/2019

Re: None

Wednesday, 10/13/2021 10:15:04 AM

Wednesday, October 13, 2021 10:15:04 AM

Post# of 607
**NEWS** Heritage Cannabis Announces Additional Funds and Improved Terms to $7.0 Million Senior Secured Term Loan Agreement with BJK Holdings Ltd.

“We are very pleased to have secured this additional capital at such an exciting time in the growth of the business,” stated David Schwede, CEO of Heritage. “The improved terms and access to additional funds from BJK are a testament to our strategy and offer flexibility and strength to our balance sheet as we solidify our position in the Canadian cannabis market and execute on our international strategy.”

“We have been very impressed with the Heritage team and the execution to this point,” stated David Thiessen of BJK. “We believe Heritage is moving towards becoming one of the leaders in the cannabis sector and we were pleased to work with them to extend additional capital against the same security package. We look forward to watching our capital unlock additional value for all stakeholders.”

https://ca.finance.yahoo.com/news/heritage-cannabis-announces-additional-funds-120900574.html

Comforting to know that BJK thinks Heritage is moving in the right direction, and proving it by extending and widening the original agreement. Apparently BJK looked at the numbers and found Heritage worthy of expanded support on more favorable terms. Like :)

Here's a new Ontario product unique to Heritage that is getting attention on Reddit for its quality and multiple forms of use. Like :)

https://www.reddit.com/r/TheOCS/comments/q6q7ph/pura_vida_indica_honey_oil_674/

Posts are my opinion only, and not advice of any kind. glta