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Cannara secures $80M syndicated credit facility with BMO and TD Bank

Thu, 10 Sep 2026 08:00:42 -0400

Cannara Biotech Inc. (TSX: LOVE, OTCQX: LOVFF, FRA: 8CB0) has entered into an amended and restated syndicated credit agreement with Bank of Montreal and The Toronto-Dominion Bank, expanding its total committed borrowing capacity to $80 million, up from approximately $50 million previously accessible.

The restated facility, entered into by Cannara's operating subsidiary Cannara Biotech (OPS) Inc., consists of a $40 million term loan and a $40 million revolving credit facility. The revolving capacity was increased from $10 million. Both facilities mature on December 31, 2029, extending the debt maturity by two years from the prior date of December 31, 2027.

Bank of

Cannara secures $80M syndicated credit facility with BMO and TD Bank

Thu, 10 Sep 2026 08:00:42 -0400

Bank of

Cannara Expands Financing to an $80 Million Syndicated Credit Facility with BMO and TD Bank, Further Strengthening Its Financial Foundation for Continued Growth

Thu, 10 Sep 2026 08:00:00 -0400

MONTREAL, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. (“Cannara”, the “Company”, “us” or “we”) (TSX: LOVE) (OTCQX: LOVFF) (FRA: 8CB0), a vertically integrated producer of premium-grade cannabis products at affordable prices with two mega facilities in Québec spanning over 1,600,000 sq. ft., today announced that its operating subsidiary, Cannara Biotech (OPS) Inc., has entered into an amended and restated syndicated credit agreement (the "Restated Credit Facility") with Bank of Montreal ("BMO") and The Toronto-Dominion Bank ("TD"). The Restated Credit

Cannara Expands Financing to an $80 Million Syndicated Credit Facility with BMO and TD Bank, Further Strengthening Its Financial Foundation for Continued Growth

Thu, 10 Sep 2026 08:00:00 -0400

Cannara Expands Financing to an $80 Million Syndicated Credit Facility with BMO and TD Bank, Further Strengthening Its Financial Foundation for Continued Growth

Thu, 10 Sep 2026 08:00:00 -0400

Cannara Expands Financing to an $80 Million Syndicated Credit Facility with BMO and TD Bank, Further Strengthening Its Financial Foundation for Continued Growth

Thu, 10 Sep 2026 08:00:00 -0400

Cannara Establishes Automatic Share Purchase Plan