Cannagistics Inc. announced that it has entered into a securities purchase agreement for a private placement of a 0% convertible secured promissory note for gross proceeds of $250,000, on August 5, 2021. The transaction will include participation from FirstFire Global Opportunities Fund LLC a fund managed by FirstFire Capital Management LLC. The notes will be issued at an issue discount of $250,000 on a principal amount of $500,000. The note bears an interest rate of 0% per annum and will mature on August 5, 2022.