Green Organic Mulls Pot Bonds
- Canadian medical cannabis firm to finance new processing sites
- Project timing may be revised if reasonable terms not obtained
Photographer: Konstantinos Tsakalidis/Bloomberg
This article is for subscribers only.
The Green Organic Dutchman Holdings Ltd. is looking at alternative means to fund the medical cannabis firm’s construction projects after unsuccessful discussions for commercial bank facilities and equipment leasing.
The company is “exploring non-bank debt financing alternatives such as issuing bonds or raising private loans,” Green Organic spokesman Sebastien Bouchard wrote in an email.