Cannabis Funding

Glass House Brands Inc. (OTCQX:GLASF) (OTCQX:GHBWF), a leading vertically integrated cannabis company, has secured a $50 million senior secured loan, replacing its existing debt with more favorable terms and extended maturity. The new credit facility, set to mature on January 31, 2030, replaces the...

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...

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...

AFC Gamma, Inc. (NASDAQ:AFCG) announced on Monday that it has committed and funded $41 million to a senior secured credit facility a vertically integrated cannabis operator in Maryland. The Florida-based company's move represents its second transaction with Story of Maryland, LLC. Daniel Neville,...

Medical cannabis company with operations in Israel and Germany, IM Cannabis Corp. (NASDAQ:IMCC) (CSE:IMCC), intends to undertake a non-brokered private placement offering of up to $1,613,000 through the sale of roughly 625,000 units. What Happened: Each unit will be comprised of one share and one...

AFC Gamma, Inc. (NASDAQ:AFCG) announced on Monday that it has closed a new senior secured credit facility for Private Company Q and expanded its existing senior secured credit facilities for BeLeaf Medical, LLC and Sunburn Cannabis. What Happened & Why It Matters AFC said it has committed $11...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) announced the initial closing of its previously disclosed subordinated debt facility of $1,000 principal subordinate secured debentures of the company for aggregate gross proceeds of CA$15 million ($10.8 million) for CA$900 per debenture, under...

TerrAscend Corp. (TSX:TSND) (OTCQX:TSNDF) announced on Friday that together with certain entities that are consolidated by the company, it has closed on a senior secured term loan for gross proceeds of $140 million from funds managed by FocusGrowth Asset Management, LP. Read Also: Cannabis Company...

New York-headquartered cannabis company Ascend Wellness Holdings, Inc. (CSE:AAWH) (OTCQX:AAWH) said on Thursday that it has closed its previously announced private placement of $235 million of 12.75% senior secured notes due 2029. What Happened The company said in a press release the notes were...

Beard Bros. Media continues to expand its influence in the cannabis industry by hosting a new series of B2B conversations on LinkedIn Live. The latest episode, “Financing Your Cannabis Future,” features Elliot Lane from Benzinga, a notable figure in the world cannabis-related content...

Cannabis tech company Lucid Green has secured $1.4 million in financing. The company plans to utilize the new capital raise to support growth and expansion into new markets. “Securing $1.4 million marks a key moment in our journey,” Larry Levy, CEO of Lucid Green said. “Year to...

Canopy Growth Corporation (NASDAQ:CGC) announced on Thursday that it has established an at-the-market equity program under which it can issue and sell up to $250 million worth of its common shares from treasury from time to time in concurrent public offerings in the United States and Canada. What...

Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX:ACRHF, ACRDF)) announced on Wednesday it is seeking to secure $10 million in funding. What Happened The New York-based company said in a press release that it has entered into subscription agreements with certain institutional investors to issue...

C21 Investments Inc. (CSE:CXXI) (OTCQX:CXXIF) announced on Monday the closing of its non-brokered private placement offering of its convertible debenture units. What Happened Under the deal, the company issued a total of 4,000 convertible debenture units at CA$1,000 ($731.375) per convertible...

Medical marijuana producer cbdMD, Inc. (NYSE:YCBD) (NYSE:YCBD) said Friday that it had entered into a securities purchase agreement with five institutional investors to secure financing for the national rollout of its new ATRx Labs functional mushroom products. The company will use the proceeds for...