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Cannabis MSO Secures $10M Credit Facility To Fund Expansion In This Top Weed Market
Tuesday, October 17, 2023 - 9:07am | 7264Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) has entered into a $10 million senior secured credit facility agreement with ALT Debt II, LP, an affiliate of Altmore Capital. What Happened The funds will be disbursed in two tranches and are committed to building out the company's retail...
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Crypto Broker Voyager Digital Secures $485M Loan From Bankman-Fried's Alameda
Saturday, June 18, 2022 - 9:43am | 264Crypto broker firm Voyager Digital Ltd (OTC: VYGVF) has signed a deal with Alameda Research, a quant trading firm from FTX founder Sam Bankman-Fried, to secure a credit facility to safeguard its customers' assets in line with the current market volatility, Bloomberg reports...
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Acreage Secures $150M In Financing Via Senior Secured Credit Facility With AFC Gamma & Viridescent Realty Trust
Friday, December 17, 2021 - 10:01am | 589Vertically integrated cannabis company Acreage Holdings, Inc. (OTCQX: ACRDF) announced Thursday that it has secured a $150 million credit facility with cannabis real estate investment trust AFC Gamma, Inc. (NASDAQ: AFCG) and Viridescent Realty Trust, Inc. Pursuant to the terms of the...
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Green Ivy Capital Lends $23.5M To Vireo In Debt Financing Deal
Friday, March 26, 2021 - 1:30pm | 406Cannabis company Vireo Health International Inc. (CNSX:VREO) (OTCQX: VREOF) has secured some $23.5 million in financing through a credit facility with a Green Ivy Capital affiliate. The Minneapolis-based company confirmed Friday closing the first tranche of the previously-announced senior...
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Red White & Bloom To Purchase Illinois THC Cultivation License, Secures $60M In Financing
Thursday, December 17, 2020 - 4:41pm | 370Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is poised to acquire a THC cultivation license in Illinois alongside certain assets. The Toronto-based will pick up the issued and outstanding shares of Cannabis Capital Partners Inc. (CCP), by issuing up to 22 million...
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Organic Remedies Scores $22M In Financing From Advanced Flower Capital
Tuesday, November 10, 2020 - 6:00pm | 269Organic Remedies Inc. secured $22 million in financing through a credit facility provided by AFC Management LLC (AFC). Organic intends to use the proceeds from AFC Gamma to fund the construction of some 240,000 square feet of cultivation and processing space. In addition, the Pennsylvania...
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PayPal Extends 'Buy Now, Pay Later' Credit Facility To UK Shoppers
Wednesday, October 14, 2020 - 12:57am | 392PayPal Holdings Inc (NASDAQ: PYPL) on Wednesday extended consumer credit facilities in the United Kingdom with its newly launched “PayPal Pay in 3” scheme. The credit facility is available on purchases of up to €2,000 at a zero interest charge and can be repaid in installments...
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WeedMD Revenue Declines, Gets $30M Loan From LiUNA Pension Fund
Thursday, October 1, 2020 - 11:22am | 340WeedMD Inc. (TSX-V: WMD) (OTCQX: WDDMF) reported Wednesday its second-quarter revenue amounted to $5.9 million. That’s down by 26% year-over-year. For the six-month period, ending June 30, revenue amounted to $18 million, compared to $11.3 million in the same period...
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Crown Castle Proposed $5.5 Billion Senior Unsecured Credit Facility
Tuesday, January 12, 2016 - 1:36pm | 137Shares of Crown Castle International Corp (NYSE: CCI), a real estate investment trust company, were trading slightly higher by 0.1 percent at $83.77 early Tuesday afternoon. Crown Castle announced after Monday's market close that it has received a commitment from a group of lenders for a...