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Aleafia Health extends forbearance agreement with senior lender
Chicago, June 1 – Aleafia Health Inc. extended a forbearance agreement with its current lender while it explores a new potential refinancing of the debt under the company’s existing term loan agreement with NE SPC II LP from Dec. 24, 2021, according to a press release.
The forbearance agreement with NE has been extended through June 5 from May 31.
Aleafia is in ongoing negotiations with a potential alternative lender regarding the refinancing.
The Concord, Ont.-based cannabis company offers wellness services and products in Canada.
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