Bespoke Financial, the nation’s first cannabis-focused fintech lending platform, announced the closing of a $125 million credit facility.This infusion of capital from institutional investment funds is a strong show of confidence in cannabis debt...
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December 29, 2021, 08:10 AM
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AFC Gamma, a commercial real estate finance company that provides loans to operators in the cannabis industry, provided a credit facility of $15.5 million to The Evermore Cannabis Company (“Evermore”), a vertically integrated Maryland operator. The...
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Tiger Group is liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of Cannabidiol (CBD) products, with a range of value-add uses in the cannabis and biopharma...
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Core One Labs Inc. announced that, further to its news release dated February 11, 2020, the Company has signed definitive agreements with respect to a CDN$1,500,000 convertible debt facility with Cannabis Growth Opportunity Corporation (CGOC).The...
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Curaleaf Holdings, Inc., a leading vertically integrated cannabis operator in the United States, announced the upsizing and closing of a Senior Secured Term Loan Facility (the "Facility") from a syndicate of lenders totaling $300 million. The notes...
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January 20, 2020, 09:05 AM
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The Independent Community Bankers of America (ICBA) and 43 state banking associations wrote to House Congressional leadership urging them to move swiftly to schedule floor consideration of the Secure and Fair Enforcement Banking Act of 2019 (SAFE...
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September 18, 2019, 09:00 AM
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Delta 9 Cannabis Inc. announced that it has come to terms on an amendment to the Company's borrowing arrangement with Canadian Western Bank (the "Bank") to provide for an increase to its existing loan and credit facility by the addition of certain...
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August 26, 2019, 08:00 AM
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Auxly Cannabis Group Inc. announced that its joint venture partner, Sunens Farms Inc. (“Sunens”), has entered into a term sheet for a syndicated credit facility, with the Bank of Montreal (BMO) as Lead Underwriter and, subject to the satisfaction of...
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August 15, 2019, 08:45 AM
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