Cannabis financing

The cannabis sector's Q3 performance has been a mixed bag, but two companies stood out for their exceptional financial performance: Green Thumb Industries (OTC:GTBIF) and Glass House Brands (OTC:GLASF).  Both delivered top-tier results, ranking in the top five for key financial metrics,...

Advanced Flower Capital (NASDAQ:AFCG), a cannabis real estate investment trust (REIT) has been making waves in the industry with a current dividend yield of 14% and making shareholders very happy. In a recent report, senior analyst Pablo Zuanic highlighted the company’s potential for...

XRPure's decontamination system offers a smart solution to microbial contamination that could save growers millions in lost revenue. XRPure's decontamination system offers a smart solution to microbial contamination that could save growers millions in lost revenue. This kind of efficiency is even...

Cansortium Inc. (CSE:TIUM) (OTCQB:CNTMF) announced on Tuesday that it has secured a new senior secured credit agreement of up to $96.5 million with Chicago Atlantic Admin, LLC, as an administrative agent for certain lenders. The Tampa, Florida-based vertically integrated cannabis company operating...

Decibel Cannabis Company Inc. (OTCQB:DBCCF) has completed the second and final closing of its previously announced non-brokered private placement of its common shares at $0.06 per common share. What Happened The company said on Monday that, at the second closing of the offering, it issued 19,647,...

TILT 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...

Agrify Corporation (NASDAQ:AGFY) announced Thursday that is has secured a $25.9 million non-brokered private placement. What Happened The company said it has entered into securities purchase agreements with institutional and accredited investors in a non-brokered private placement priced at $22.30...

Canopy Growth Corporation‘s (NASDAQ:CGC) strategy for capturing the U.S. cannabis market was the focal point of a recent fireside chat hosted by Zuanic & Associates. CEO David Klein and CFO Judy Hong provided insights into Canopy USA's (CUSA) growth strategy, financial projections and its...

As the industry consolidates scooping up smaller players, Garden Greens stands out with a fashion-to-weed approach and street-smart pricing. In a market marked by mergers, acquisitions and growing consolidation, Garden Greens is not following the typical playbook. While large operators focus on the...

Agrify Corporation (NASDAQ:AGFY), a company that provides hardware and software cultivation and extraction solutions for the cannabis and hemp industry, announced on Tuesday that its board of directors has approved a $20 million convertible secured note. Of that sum $10 million will be drawn upon...

Cannabis company – LEEF Brands, Inc. (CSE:LEEF) (OTC:LEEEF) announced a 10-for-1 share consolidation of its common shares and a proposed private placement to raise up to CA$2.5 million ($1.8 million). "This share consolidation and concurrent financing will improve our capital structure and...

Body and Mind Inc. (CSE:BAMM), (OTC:BMMJ), a multi-state cannabis company, announced a new credit facility with Bengal Catalyst Fund, LP, securing up to $2.3 million to support its U.S. expansion efforts. The financing aims to help Body and Mind build out key dispensary projects in Illinois and New...

Green Check, a leader in compliant cannabis banking solutions, has introduced a new portfolio management capability for its network of over 170 financial institutions (FIs).  This new module provides FIs with a portfolio-wide dashboard that enhances data analysis and offers custom product...

Chicago 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...

It's no secret that cannabis companies are facing some formidable challenges when it comes to raising capital, thanks to marijuana’s onerous classification as a Schedule I controlled substance under federal law. But now with potential changes on the horizon, such as cannabis rescheduling and...