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Chiron Completes $25MM Transaction for U.S. Cannabis Producer

December 11, 2018, 08:00 AM
Filed Under: Cannabis

Chiron Financial, LLC  served as the exclusive investment banker for one of the largest U.S. cannabis businesses in the placement of a $25 million advancing term loan.

Based in the western United States, the Company is one of the largest cultivators and purveyors of cannabis products and serves both the medical and recreational consumer markets. It operates a multi-level indoor cultivation facility of approximately 150,000 square feet, runs 15 dispensaries and employs 600 people. The Company sought new capital to fund strategic acquisitions and organic growth opportunities. Chiron was engaged to secure additional financing to fund the Company's capital requirements.

Chiron is an investment banking firm that arranges private placements of debt and equity capital as well as mergers, acquisitions and sales for middle market companies. We have substantial experience serving clients and equity sponsors in high-growth businesses in the U.S. and Europe, including those in the legal cannabis industry. We offer clients of all sizes concentrated senior level attention to a degree rarely experienced with larger investment banking firms.

Chiron team members included Managing Director Cary M. Grossman, Director Todd A. Hass, Vice President Europe Alban Meteyer and Associate Johann Bosch-Salcedo.

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