Right On Brands, Inc. (OTCPK:RTON) announced that it has entered into an agreement with Actus Fund for a private placement of one convertible promissory note at a price of $125,000 for gross proceeds of $125,000 on January 3, 2019. The note bears an interest rate of 12% per annum, and is convertible at a discount rate of 35% to market. The note matures on October 3, 2019.