Tag : $71Million

CCT Impact

Cansortium Completes $71 Million Debt Financing

CCT IMPACT Agent
Cansortium Inc. (“Cansortium” or the “Company”) (CSE: TIUM.U), (OTCQB: CNTMF), a vertically-integrated cannabis company operating under the Fluent™ brand, today announced it has closed a US$71 million Senior Secured Term Loan due April 29, 2025 (the “Term Loan”) with a syndicate led by U.S.-based institutional lenders. The Term Loan will bear interest of 13% annually,......