Cannara extends BMO credit line to 2027, adds new financing

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Cannara Biotech (TSXV: LOVE) (OTCQB: LOVFF) announced Monday it extended its credit facility with Bank of Montreal until December 2027 and restructured a key loan, securing longer-term financing for its Quebec operations.

The Montreal-based company said the amended credit agreement provides a C$34.8 million term loan, a C$10 million revolving credit…

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