IWINF - Irwin Naturals secures $40M of financing potential $60M

• Irwin Naturals ( OTCQB:IWINF ) has secured a credit facility as of February 1, 2023 with its existing commercial lender for up to $60M with $40M of it currently committed.
• The rate shall be variable based on the margins of the credit facilities.
• Half of the facility is in place until August 2024, with a maturity date of February 2028, while half of facility is designed to support day-to-day operations and is in place until February 2028.
• “This financing is transformational for the Company,” said Adam Berk, President of Irwin Naturals. “It accelerates Irwin Naturals’ ability to expand our national psychedelic mental health clinic footprint and supercharge the velocity of closings of deals in a large M&A pipeline. We believe low-cost debt financing at this stage of our expansion will be optimally accretive and minimally dilutive for our shareholders.”

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