Dear Investors, 

 

I’m pleased to share that we have expanded our BMO Credit Facility by $10 million to fund the initial phase of our post-harvest expansion at Valleyfield, introducing state-of-the-art hang-drying, freezing, trimming, and packaging capabilities, expanded processing and storage areas, and enhanced butane extraction capacity.

 

These amendments reflect the confidence in Cannara’s growth strategy and operational performance. With improved financial flexibility and reduced financing costs, we are well positioned to execute the expansion of our Valleyfield facility and deliver sustained value to our shareholders. Cannara remains committed to maintaining a strong balance sheet while investing in strategic initiatives that support long-term profitable growth