VRNDF - Delta 9 Sees Increase in Debt Financing: Now $18 Million

Delta 9 Cannabis (TSXV:DN) (OTCQX:VRNDF) has received an increased bank credit facility, putting it in an attractive position to continue its growth. However, not everything is perfect: Delta 9 stock is down nearly 5% Friday.

Here’s the latest with the Winnipeg-based company.

Last week, Delta 9 Cannabis announced it’s seen an increase in debt financing, with the Canadian Western Bank agreeing to increase its existing loan and credit facility. With the changes, Delta 9’s total credit facility with the Bank now comes to roughly $18.19 million. The ...