Mountain High Acquisitions Corp. (OTCPK:MYHI) announced that it has entered into security purchase agreement for a private placement of a convertible promissory note for the gross proceeds of $102,500 on April 24, 2019. The transaction included participation from returning investor St. George Investments, LLC. The note were issued at original issue discount of $10,000 and company will pay $2,500 to cover investor's legal fees. The note carries interest rate of 10% per annum and will mature on April 23, 2020. The note is convertible into common shares of the company at 65% of the average of the two lowest closing bid prices for the company’s common stock during the twenty trading days immediately preceding the date of the conversion.