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The latest update is out from Molecule Holdings ( (TSE:MLCL) ).
Molecule Holdings Inc. has amended and converted its unsecured debentures, settling $730,000 of outstanding amounts through the issuance of common shares and warrants. This move aims to enhance the company’s capital structure, although $235,000 of the debentures remain in default as some holders did not agree to the terms or could not be located.
More about Molecule Holdings
Molecule Holdings Inc. is a licensed producer specializing in cannabis-infused beverages for the Canadian market. The company is committed to delivering high-quality drinks that offer consumers a convenient and social way to enjoy cannabis, with a focus on expanding its product portfolio and the overall cannabis beverage market.
Technical Sentiment Signal: Sell
Current Market Cap: C$488.9K
See more insights into MLCL stock on TipRanks’ Stock Analysis page.