(Globe Newswire) Toronto – Entourage Health Corp., a Canadian producer and distributor of award-winning cannabis products, announced earlier it was in breach of certain financial covenants and other obligations under each of its Senior Credit Agreement and Subordinated Credit agreements with an affiliate of the LiUNA Pension Fund of Central and Eastern Canada.
The company is working collaboratively with LPF to agree on amended debt terms. As a positive step forward, the company received a renewed forbearance letter dated October 8, 2024, waiving the company’s breaches until October 31, 2024, subject to the satisfaction or waiver of certain conditions.
