Brief: Westleaf Receives Additional $5.7 Mln Of Capital From ATB Financial

Decibel Cannabis

02/10/2019 13:12

Oct 2 (Reuters) - Westleaf Inc  WL.V :
    * WESTLEAF RECEIVES ADDITIONAL $5.7 MILLION OF CAPITAL FROM
ATB
FINANCIAL
    * WESTLEAF INC - INCREASED ITS TERM LOAN ON PLANT, ITS FULLY
COMPLETED EXTRACTION, MANUFACTURING AND PRODUCT FORMULATION
FACILITY, BY $2.7 MILLION
    * WESTLEAF INC - CO WILL USE ADDITIONAL CAPITAL TO
OPERATIONALIZE
ITS EXTRACTION & MANUFACTURING FACILITY
    * WESTLEAF - CREDIT FACILITY FOR CONSTRUCTION OF CO'S
CULTIVATION
FACILITY IN BATTLEFORD AMENDED TO REDUCE ITS RESTRICTED CASH
REQUIREMENT BY $2.0 MILLION
    * WESTLEAF INC - INTENDS TO PROVIDE FOR ADDITIONAL START-UP
CAPITAL FOR PLANT

Source text for Eikon:  ID:nCNW9fNkVa 
Further company coverage:  WL.V 

 ((Reuters.Briefs@thomsonreuters.com;))