James E Wagner Cultivation Corp JWCAF

I asked Nathan

[Leaves]

This is the response I got less than 1 hour later! "Happy to set the record straight, (name). Firstly 10% interest is inline with what this industry experiences, not an insane rate at all. The total interest amount is over a 2 year term, so although the total interest is equal to 20% of the principal, it is equal to 10% a year unamortized and non compounded rate. Nothing has changed since we issued that guidance, except for conditions in the industry as a whole. Given the precarious nature of the public markets right now, we put a great deal of effort into securing financing so that we could proceed without risk. We will now be free to pursue our best opportunities in sales, build our Farmgate store on our flagship campus, and take advantage of new opportunities as they arise in the coming year. As we begin to accrue cash from sales we can move to expand quickly and efficiently, allowing us to meet the growing demand for our products. Lastly, this financing is a small part of a larger effort, combining debt through Trichome, equity from both new and existing investors, and this convertible note to manage and minimize dilution while achieving our overall financing goals. I think if you consider all the moving pieces here you will see what I mean. Thanks very much for your questions, I appreciate the chance to address your concerns."