BMO agrees to offer Aurora Cannabis with C$200M Loan — the biggest within the cannabis industry thus farPosted by wpupdateuser | Cbd Oilglobal Site | No Comments
BMO agrees to offer Aurora Cannabis with C$200M Loan — the biggest within the cannabis industry thus far
Bank of Montreal (BMO) is many lipids are formed by the attachment of three supplying Aurora Cannabis Inc. with C$200 million ($150 million) with debt funding, marking the greatest loan yet become extended towards the cannabis industry.
The debt center is made up of a C$150-million term loan and a C$50-million credit that is revolving, each of that will grow in 2021.
By getting into this funding cope with Aurora Cannabis, Bank of Montreal is cementing its place as the utmost aggressive one of the banks that are major Canada. It could be recalled that in might, Bank of Montreal suggested Aurora Cannabis on its C$2.9-billion all-stock bid to get MedReleaf Corp. Read More