-
Jupiter's Burnout: Can TILT Holdings Reverse Its Five-Year Vape Decline?
Friday, November 22, 2024 - 4:17pm | 563TILT Holdings (OTC:TLLTF) is at a critical juncture as it explores divesting its plant-touching business (PTB), which generates 75% of its revenue but continues to struggle with declining margins. Massachusetts operations, contributing two-thirds of revenue, are under pressure from market...
-
Chicago Atlantic Secures BBB+ Rating And $50M Loan To Enhance Liquidity In Cannabis Lending
Wednesday, October 23, 2024 - 1:10pm | 459Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), a leading commercial mortgage real estate investment trust (REIT), has announced the closure of a $50 million unsecured term loan with two institutional private lending platforms. This funding aims to support the company's future investments...
-
$581M In Deals: Top States Draw Major Cannabis Investments Despite Market Downturn
Tuesday, May 7, 2024 - 4:41pm | 699In the latest report from Viridian Capital Advisors, investment trends in the U.S. cannabis industry show a marked decrease, despite significant capital inflows in leading states such as California, New York and Massachusetts. Over the last twelve months (LTM) ending May 3, 2024, there has...
-
Curaleaf Borrows $425M For Five Years To Refinance Existing Debt
Tuesday, December 14, 2021 - 9:29am | 502Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) reported Monday that it has obtained commitments for a private placement of 8.0% senior secured notes due 2026 for total gross proceeds of $425 million. "We are pleased to announce what we believe is the largest debt financing of any publicly-...