James E. Wagner Cultivation Corporation announced that on February 19, 2020, the Corporation closed the second tranche of the loan in the amount of CAD 1,150,000 pursuant to the previously disclosed amended and restated loan agreement dated November 6, 2019, as amended January 9, 2020, between, among others, JWC and Trichome Financial Corp. In connection with closing of the Loan, the Corporation and the Lender entered into a second amendment to the Loan Agreement dated February 19, 2020, pursuant to which JWC granted the Lender certain rights, including the right to designate one individual as a non-voting board observer and the right to nominate one individual to serve on the board of directors of JWC. Pursuant to the Loan Agreement, a 5% original issue discount was applied to the Loan at the time it was advanced by the Lender. ?The Loan shall be payable in full on November 6, 2021. JWC intends to use the net ?proceeds of the Loan to finance the completion of construction of its facility located at 530 Manitou Drive in Kitchener, Ontario, to finance the launch of new products, and for general working capital requirements.