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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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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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 will be holding an online auction on Dec. 9 of late-model equipment surplus to the ongoing operations of a leading CBD and cannabis manufacturer.The auction features well-maintained equipment, including:
2017 Agilent lntuvo 9000 Gas...
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December 02, 2020, 09:05 AM
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Partner Colorado Credit Union today announced their first lending program for cannabis private banking clients. Sundie Seefried, CEO of Partner Colorado CU and a trailblazer in US cannabis banking, explained, “Now in our sixth year of cannabis...
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Avicanna Inc., a biopharmaceutical company focused on the development, manufacturing and commercialization of organic and sustainable plant-derived cannabinoid-based products, is pleased to announce that it has entered into a credit facility (the...
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December 27, 2019, 08:52 AM
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The Flowr Corporation announced that it has closed its previously announced credit facility from a syndicate of lenders led by ATB Financial and including Farm Credit Canada.The $25 million facilities consist of a $24.5 million recapitalization term...
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November 20, 2019, 09:00 AM
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Sundial Growers Inc. announced that it has entered into a syndicated credit agreement with ATB Financial ("ATB") and Bank of Montreal ("BMO") as co-lead arrangers and joint bookrunners (collectively the "Lenders") with ATB as administrative agent and...
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September 03, 2019, 08:00 AM
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Trichome Financial Corp. announced that it has entered into a $2.35 million term loan with Good Buds Company International Inc., the parent company of Good Buds Company Inc. ("Good Buds"), a licensed producer under the Cannabis Act. The proceeds of...
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August 28, 2019, 08:45 AM
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Organigram Holdings Inc., the parent company of Organigram Inc., a licensed producer of cannabis, announced that it has closed its previously announced credit facility with Bank of Montreal (BMO) as lead arranger and agent as well as a syndicate...
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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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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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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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