The Globe and Mail reports in its Monday edition that Canadian cannabis companies which need money are being forced to agree to costly financing terms as their share prices collapse in an industry-wide rout. The Globe's Tim Kiladze writes that marijuana players that require fresh cash have turned to everything from rights offerings to expensive construction debt to highly dilutive convertible debt units in recent weeks to raise funds. Pot producers are also starting to negotiate new terms with existing debt holders. Some cannabis companies, however, have been able to raise money by selling new convertible debt, as Flower One Holdings proved last week. But the Canadian-listed company, which operates in Nevada, had to agree to costly terms to get the deal done. Before the latest deal, Flower One had last raised money in March through a $50-million offering of convertible debt units that paid 9.5-per-cent interest and included 192 warrants per unit. Last week, Flower One had to settle for $21-million, again at 9.5 per cent, and the company had to more than triple the number of warrants per unit, to 666 per $1,000 invested. Other companies are turning to even more expensive or unique measures to find money.