Promissory note dated November 4, 2015, with semi-annual interest at 5.0%, secured by deed of trust, due December 1, 2019

-

884,000

5.0

%

(1)

5.0

%

12/1/2019

Promissory Note to Former VidaCann Shareholders, unsecured with interest accrued at 5.0%, maturity date April 1, 2025

-

4,869,695

5.0

%

(2)

15.0

%

4/1/2025

Promissory Note to La Fayette State Bank, unsecured with interest paid monthly at 10%, maturity date February 20, 2025

-

2,927,989

10.0

%

(3)

15.0

%

2/20/2025

Promissory Note to VidaCann former managers, unsecured with interest paid monthly at 7.5%, maturity date May 6, 2029

1,234,353

1,177,722

7.5

%

(4)

15.0

%

5/6/2029

Revolving Line of Credit, cash secured with monthly interest paid at an annual rate of 5.65%

9,750,000

-

5.65

%

(5)

5.65

%

6/30/2026

$

10,984,353

$

9,859,406

Less current portion

(9,750,000

)

(8,681,684

)

$

1,234,353

$

1,177,722

Stated maturities of debt obligations are as follows:

2024

$

-

$

-

2025

-

8,681,684

2026

9,750,000

-

2027

-

2028

-

2029

1,234,353

1,177,722

Total

$

10,984,353

$

9,859,406