Bevcanna Enterprises Inc. (TSE:BEV) has released an update.
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BevCanna Enterprises Inc. has completed the sixth tranche of secured promissory note financing, raising $100,000 with a 12-month maturity and a 15% annual interest rate, already paid upon closing. The funds will be used for general working capital and to cover outstanding payables, with plans to potentially close additional tranches. BevCanna, known for its diversified lifestyle and wellness products, boasts a strong infrastructure including a Health Canada certified manufacturing facility and an alkaline spring water aquifer in British Columbia.
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