Mountfield Group plc (GB:HELD) has released an update.
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Hellenic Dynamics PLC, a major player in the medical cannabis industry, has amended its loan agreement with RiverFort Global Opportunities, deferring repayment and incurring an additional fee while continuing its growth strategy. The company which focuses on THC-dominant cannabis strains for medical use in Europe, is preparing for a shareholder meeting to seek further financial authorization. These strategic financial moves come as they aim to leverage their low cost base and expand their reach in the rapidly growing European market.
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