Needham Bank announced it has closed a cannabis business loan to Bostica, LLC, a premium cannabis cultivator and manufacturer of cannabis products.Bostica will use the financing to complete the construction of their 60,000-square-foot cannabis...
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August 26, 2022, 08:03 AM
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Burns & Levinson represented Agrify Corporation, a provider of premium cultivation and extraction solutions for the cannabis and hemp industry, in an up to $135 million debt financing agreement with an institutional lender in a Senior Secured Note...
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March 18, 2022, 07:00 AM
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Tiger Group is now accepting offers at SoldTiger.com on a massive array of Seven7h Sense and Green Lily CBD, cosmetics and beauty products. The closeout inventory—worth more than $6 million at retail—is surplus to the operations of a major North...
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February 22, 2022, 06:09 AM
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Goodness Growth Holdings, a physician-led, science-focused cannabis company and IP developer, executed a third amendment to its credit facility with its senior secured lender, Chicago Atlantic Admin, LLC (the "agent"), an affiliate of Green Ivy...
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February 02, 2022, 08:00 AM
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Tiger Group is selling over 55 million pieces of brand-new hemp CBD wellness products, packaging and related accessories in a major liquidation event. Worth a total of approximately $15 million at cost, the inventory is available for immediate...
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January 24, 2022, 06:00 AM
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Chicago Atlantic Real Estate Finance, a leading institutional lender to state-licensed cannabis operators, announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into an Amended and...
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January 03, 2022, 08:00 AM
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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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Motivated bidders drove robust results in an online auction of foreclosed assets from a major CBD processor’s facility in Cadiz, Kentucky. Tiger Group sold the processing, lab and material-handling equipment assets, while Tranzon Asset Advisors...
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August 20, 2021, 07:15 AM
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In separate timed, online auctions scheduled for August 10, Tiger Group and Tranzon Asset Advisors are respectively offering foreclosed equipment and real estate from a major CBD processor’s 86,500-square-foot hemp processing facility in Cadiz, which...
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July 27, 2021, 07:00 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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July 16, 2021, 08:02 AM
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Decibel Cannabis Company has entered into a commitment letter with Connect First Credit Union Ltd. ("First Calgary") in respect of $30 million of debt capital (the "Committed Amount"). The Committed Amount is comprised of $28.5 million of term debt...
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December 30, 2020, 07:00 AM
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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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May 28, 2020, 08:12 AM
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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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March 19, 2020, 09:10 AM
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Trichome Financial Corp. announced that it has entered into a $2 million financing arrangement with C.G.S. Foods Inc., a licensed Ontario cannabis retailer also known as Ganjika House. Ganjika House was one of only 25 winners of the recent lottery...
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March 18, 2019, 08:00 AM
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Sundial Growers Inc. announced that it has entered into a $30 million credit facility with the Bank of Montreal (BMO). The Credit Facility closed on February 22, 2019. The BMO Credit Facility will enable Sundial to finance its European initiatives...
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March 08, 2019, 08:00 AM
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Organigram Holdings Inc, the parent company of Organigram Inc , a licensed producer of cannabis, announced it has secured a loan from Farm Credit Canada in the amount of $10MM, which will be used to finance the expansion of the Company's Moncton...
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December 10, 2018, 09:10 AM
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Upper Street Marketing Inc. announced that its wholly owned subsidiary, Growing Springs Holdings Corporation, has entered into a definitive agreement with High Mountain Medz, dba “Levity Wellness,” to provide financing and a number of ancillary...
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November 27, 2018, 07:00 AM
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Cannabis Wheaton Income Corp. announced that it has entered into a definitive agreement whereby the Company has provided Sundial Growers Inc. (Sundial), an Alberta-based Licensed Producer, with $7,000,000 in non-dilutive debt financing by way of an...
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March 01, 2018, 07:00 AM
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Cannabis-Rx, a company focused on funding the growth of the cannabis industry in states where it is licensed or permitted for medicinal and/or recreational purposes, announced it will provide financing, commercial real estate solutions and consulting...
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April 10, 2014, 07:20 AM
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Omega Commercial Finance Corporation , the parent company to Capital MatchPointTM, announces their plans to launch an alternative finance division solely focused on the international and domestic legalized cannabis medical marijuana market through a...
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April 08, 2014, 07:26 AM
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