Schwazze Agrees on Restructuring of Debt Obligations for Upcoming Year

Thursday, 11 July 2024, 20:30

Schwazze, operating as Medicine Man Technologies, Inc., has finalized an agreement to restructure $15.0 million Altmore, LLC Loan Agreement and $17.0 million Reynold Greenleaf & Associates LLC Promissory Note, both due in February 2025. The restructuring enhances Schwazze's financial position by extending deadlines, showcasing strong negotiation tactics, and setting a path for sustainable debt management. This announcement highlights the proactive approach of Schwazze towards financial stability and investor confidence.
Yahoo Finance
Schwazze Agrees on Restructuring of Debt Obligations for Upcoming Year

Schwazze Announces Debt Obligations Restructuring for February 2025

Schwazze, operating as Medicine Man Technologies, Inc., has finalized an agreement to restructure $15.0 million Altmore, LLC Loan Agreement and $17.0 million Reynold Greenleaf & Associates LLC Promissory Note, both due in February 2025. The restructuring enhances Schwazze's financial position by extending deadlines, showcasing strong negotiation tactics, and setting a path for sustainable debt management. This announcement highlights the proactive approach of Schwazze towards financial stability and investor confidence.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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