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News Stories (20 Results) - Cannabis

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... view press release
August 26, 2022, 08:03 AM

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... view press release
March 18, 2022, 07:00 AM

Tiger Group is now accepting offers at 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... view press release
February 22, 2022, 06:09 AM

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... view press release
February 02, 2022, 08:00 AM

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... view press release
January 24, 2022, 06:00 AM

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... view press release
January 03, 2022, 08:00 AM

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... view press release
December 29, 2021, 08:10 AM

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... view press release
August 20, 2021, 07:15 AM

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... view press release
July 27, 2021, 07:00 AM

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... view press release
July 16, 2021, 08:02 AM

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... view press release
December 30, 2020, 07:00 AM

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... view press release
May 28, 2020, 08:12 AM

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... view press release
March 19, 2020, 09:10 AM

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... view press release
March 18, 2019, 08:00 AM

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... view press release
March 08, 2019, 08:00 AM

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... view press release
December 10, 2018, 09:10 AM

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... view press release
November 27, 2018, 07:00 AM

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... view press release
March 01, 2018, 07:00 AM

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... view press release
April 10, 2014, 07:20 AM

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... view press release
April 08, 2014, 07:26 AM