Goodness Growth Holdings, Inc. (OTCQX: GDNSF)(CSE:GDNS) announced that on April 28, 2023 it closed on a $2.0 million tranche of a new convertible debt facility which enables the company to access up to $10.0 million in aggregate principal amount of convertible notes. This facility is being funded by a separate affiliate of the company’s senior secured lender.

Interim CEO Josh Rosen stated, “We are pleased to close this convertible loan as we anticipated in late March. We appreciate the collaborative nature of our relationship with Chicago Atlantic (NASDAQ: REFI), who have patiently supported our business improvement plans subsequent to Verano’s (OTCQX: VRNOF) decision to wrongfully terminate our merger transaction last year. This gives us additional flexibility to execute our strategy for the year ahead, which encompasses a focus on producing …

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