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.
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