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Cannabis Co. Cansortium Refinances Debt With $96.5M Loan Ahead Of Major Merger And Next Phase Of Growth
Wednesday, November 27, 2024 - 10:42am | 664Cansortium 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...
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Cannabis Operator Deep Roots Harvest Secures $30M From Chicago Atlantic To Expand Across Nevada
Thursday, November 7, 2024 - 9:01am | 416Chicago Atlantic Admin acted as administrative agent on the funding of a $30 million senior secured credit facility for Deep Roots Holdings, a vertically integrated cannabis operator in Nevada. Deep Roots Holdings has a standalone cultivation and processing facility in the Silver State, runs five...
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TerrAscend Reduces Outstanding Debt By $30M
Wednesday, November 30, 2022 - 10:26am | 464TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that its subsidiary, WDB Holding MI, Inc., and all subsidiaries of TerrAscend, refinanced the existing senior secured term loan of $55.0 million previously announced on November 22, 202, pursuant to an amendment. The amendment provides for a...