Stem Holdings, Inc. (OTCQX: STMH) (CSE:STEM), a vertically integrated cannabis operator, intends to complete a private placement of a $250,000 unsecured promissory note and 250,000 common share purchase warrants to an arm’s length lender. The offering is expected to close on November 11, 2022.

The note terms provide for it to become due and payable in three months, subject to extension by the company for an additional three months upon payment of a $5,000 extension fee to the lender. …

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