Goodness Growth Secures Funds and Credit Extension

Goodness Growth Holdings (TSE:GDNS) has released an update.

Goodness Growth Holdings has successfully completed a non-brokered private placement, raising $700,000 through the issuance of subordinate voting shares, with proceeds aimed at supporting the relocation of a Minnesota dispensary. Additionally, the company has secured a short extension of its credit agreement until July 31, 2024, to align with ongoing negotiations for a longer-term extension. CEO Josh Rosen expressed optimism for the company’s future, particularly with the upcoming launch of adult-use cannabis sales in Minnesota.

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