RE:RE:C21 Investments Sees CEO Extend Maturity Of Secured Note, Se What are you talking about? These convertibles were issued two years ago. This is not something new or should surprise anyone that they need to paid off. Also the 9.5% Is below a market interest rate. Normally the interest paid iin the cannabis sector is in the double digits so below 10% is great .
Read the news release carefully. The company always tells you what they are doing. This is the key sentence in the release.
"These agreements considerably strengthen C21's balance sheet and position the Company to execute on its strategy in conjunction with its ongoing negotiation of a non-dilutive debt facility"