Fire & Flower Borrows $30M From Alimentation Couche-Tard To Bolster Its Consumer Digital Platform

retailer Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) said Monday that it has secured $30 million in financing through a loan agreement with 2707031 Ontario Inc., an indirectly wholly-owned subsidiary of Alimentation Couche-Tard Inc.

Under the deal, ACT – which holds greater than 10% of the outstanding voting securities of Fire & Flower – agreed to loan the money to the Toronto-based company in three separate tranches of $10 million.

The loan, which is secured by the company's assets, will bear an interest at a rate of 8% per annum, payable quarterly, matures on October …

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