On January 10, 2020, Indus Holdings, Inc., a leading, vertically-integrated cannabis company, entered into a US$1.5 million short-term revolving loan facility with Hadron Capital. The loan has an interest rate of 20% per annum and must be repaid within 120 days of demand or earlier if Indus enters into a financing arrangement to replace the loan.
Cassels acted for Indus.