Psyched Wellness enters $110.6K secured loan agreement (PSYCF:OTCMKTS)
Psyched Wellness (PSYCF) secured a $110.6K loan from Gotham Green Funds, payable by 2028. Funds will cover expenses and inventory for its AMA-branded business. The loan carries SOFR plus 5% annual interest, compounded yearly, and is a related-party transaction. PSYCF shares fell 27.27%.