{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Medcolcanna Organics Announces Bridge Loan Arrangement - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"4n1e5WestZ\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medcolcanna-organics-announces-bridge-loan-arrangement\/\">Medcolcanna Organics Announces Bridge Loan Arrangement<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/medcolcanna-organics-announces-bridge-loan-arrangement\/embed\/#?secret=4n1e5WestZ\" width=\"600\" height=\"338\" title=\"&#8220;Medcolcanna Organics Announces Bridge Loan Arrangement&#8221; &#8212; Market Newsdesk\" data-secret=\"4n1e5WestZ\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"BOGOT\u00c1, Colombia, Jan. 04, 2021 (GLOBE NEWSWIRE) &#8212; Medcolcanna Organics Inc. (\u201cMedcolcanna\u201d, \u201cMCCN\u201d or the \u201cCompany\u201d) (NEO: MCCN), a leading Colombian and globally integrated cannabis company, announces a bridge loan arrangement with certain executive officers (the \u201cLenders\u201d) of the Company (the \u201cBridge Loan\u201d). Under the terms of the Bridge Loan, the Lenders will provide an initial bridge loan financing of $275,000 for a two-year term at an annual interest rate of 7.85%, with interest payments completed quarterly and with amortization of same commencing fifteen months from the date of the loan. The Bridge Loan financing may be increased by additional amounts at the discretion of the Lenders. Payments on the principal of the Bridge Loan are deferred until fifteen months &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTczOSMzOTAyNDc2IzIxNzcyMjk="}