Tag: Topgro
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Zenabis (ZENA.T) to pay through the nose for $50M loan and we’re just getting started
Zenabis (ZENA.T) has taken on an additional $25M loan in secured debt financing, bringing their senior secured debt load to $50M. This new loan bears interest at a rate of 14% per annum, amounting to $7M annually, and will have a maturity date of June 30, 2020 according to the Zenabis press release. Additionally, Zenabis…