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Cansortium calls $5 million of convertible notes due 2022
By Marisa Wong
Los Angeles, May 7 – Cansortium Inc. said it exercised its right to redeem up to the maximum of $5 million of its convertible promissory notes due Dec. 1, 2022.
The Miami-based cannabis company originally issued $10 million of the convertibles in February 2019. The notes are convertible at $0.60 per share.
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