marimed closes 58 7 million debt refinancing 258050

MariMed Closes $58.7 Million Debt Refinancing

 

The 10-year term at a reduced annualized interest rate will result in a $4.7-million reduction to principal and interest expense in the first 12 months and $3.5 million annually for four years. 

​ The 10-year term at a reduced annualized interest rate will result in a $4.7-million reduction to principal and interest expense in the first 12 months and $3.5 million annually for four years. 

Read More 

Cannabis Business Times 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.