CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Debentures Conversion

April 7, 2021 09:44:57

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has completed its previously announced debenture conversion. The debenture, which was due on Feb. 28, 2024, was comprised of certain 12% secured debentures. The announcement noted that the debentures were converted following the terms of the first supplemental indenture, which was dated Feb. 25, 2021, and made between Plus Products and the Odyssey Trust Company. Specifically, the debentures were converted into 5,252,631 subordinate voting shares, which were  issued at a conversion price of C$0.95 per share. An additional 20,005 debentures remain outstanding; those debentures, in the amount of C$20,005,000, are due to mature on Feb. 28, 2024. As a result of the completion, accrued interest up to the conversion date in the amount of C$118,096.66 was paid to holders of the debentures.

To view the full press release, visit

About Plus Products Inc.

PLUS is a hemp and cannabis food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable — that begins with high-quality products that deliver consistent consumer experiences. PLUS is headquartered in San Mateo, California. For more information about the company, please visit

NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published:

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
303.498.7722 Office

CannabisNewsWire is part of the InvestorBrandNetwork.