EX-10.2
from 8-K
2 pages
Loan Agreement This Loan Agreement ("Agreement") Is Made Effective as of the 31st Day of March, 2014 (The "Effective Date") by and Between 2393245 Ontario Inc. C.O.B. as Growlite Canada (Borrower) Having an Office at 55 Caster Ave, Woodbridge, Ontario, L4l 5y8, (Hereinafter "Growlite" or the "Corporation") Canada Cannabis Corp. ("Lender") of the Address: 2368 Lakeshore Road West - Suite 201 Oakville on Canada L6l 1h5, a Province of Ontario, Canada, Corporation - : Amount of Loan: Cad $3,000,000.00 Amount Financed: Cad $3,000,000.00 Finance Charge: 2 % Compounded Monthly and Paid Quarterly in Arrears Total of Principal Payments: 1 Conditions and Terms: Compound Interest
12/34/56