James E. Wagner Cultivation Corporation (TSXV:JWCA) announced that it has entered into a convertible security funding agreement with returning investor Lind Global Macro Fund, LP, a fund managed by 'returning investor' The Lind Partners, LLC for a gross proceeds of CAD 1,200,000 on March 10, 2020. The company will also issue 4,616,123 warrants to returning investor. Each warrant entitles the holder to purchase one additional common share of the company at an exercise price of CAD 0.13 per share for a period of 24 months from the date of issuance. Pursuant to agreement, the convertible security will be advanced to the company within 10 trading days of execution. The convertible security will be mature within 24 months from advancement. The company will pre-pay the interest amount of CAD 240,000 and a commitment fee of CAD 60,000. The convertible securities are redeemable at any time and returning investor will have a option to convert up to 25% of the amount outstanding into common shares at the conversion price of CAD 0.13 per share. The warrants have a hold period of four months and one day from the date of closing of the transaction, the returning investor can give conversion notice to the company for conversion of all or part of the amount outstanding of the convertible security. The company will grant returning investor a security interest in all current and after acquired property of the company and its subsidiaries, subject to certain permitted liens, and being subordinate to Trichome Financial Corp. James E. Wagner Cultivation Ltd. and GrowthStorm Inc., the company's wholly-owned subsidiaries, will act as guarantors to the obligations of the company pursuant to the agreement.