MYLK.v secures $3.2M line of credit Earlier this week The Planting Hope Company Inc. ($MYLK.V $MYLKF) announced that its subsidiary, Planting Hope Brands entered into a non-dilutive revolving line of credit agreement with CircleUp Credit Advisors.
Under this agreement, $MYLK will get a credit limit of about $3.2M at a simple interest rate of 10.25% per annum.
IMO this is a really good more for $MYLK as the liquidity will let the company meet the growing demand for its offerings.
More here: https://ca.finance.yahoo.com/news/planting-hope-announces-usd-2-112500341.htm
After an overall green week, $MYLK is trading down rn making it a good time to BTD, IMO.
$MYLK @ $0.57
MC $27.217M