News Image

Cannara Announces Amendment and Upsize of BMO Credit Facility to Support Facility Expansion at Valleyfield

Provided By GlobeNewswire

Last update: Aug 21, 2025

MONTREAL, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. (“Cannara”, “the Company”, “us” or “we”) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB0), a vertically integrated producer of premium-grade cannabis products at disruptive prices with two mega facilities based in Québec spanning over 1,650,000 sq. ft., is pleased to announce amendments to its existing credit facility with Bank of Montreal (“BMO”) acting as administrative agent, lead arranger, syndication agent and sole bookrunner (the “Restated Credit Facility”), including a $10 million upsize to support strategic capital investments at its Valleyfield facility.

Read more at globenewswire.com
Follow ChartMill for more