Core Points - Christina Lake Cannabis Corp. has entered into a secured credit facility with a revolving line of credit of up to $1,500,000, with a term of two years and an interest rate of 15% per annum [1] - The company has also signed an equipment lease agreement with the same lender for a term of 18 months, with a monthly fee of $4,683.39 plus GST [2] - Both the credit facility and the lease agreement are considered related party transactions due to the lender being a director of the company, and the company is relying on exemptions from formal valuation and minority shareholder approval requirements [3] Company Overview - Christina Lake Cannabis is a licensed cannabis producer in Canada, holding a standard cultivation license and a research and development license from Health Canada [4] - The company's facilities include a 32-acre property with over 950,000 square feet of outdoor grow space, and a 342-acre property with approximately 100 acres of licensed outdoor grow space [4] - The company focuses on producing high-quality outdoor flower, extracts, and distillate for its B2B client base [4]