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Equity Or Debt: Which Is The Best Path For Cannabis Startups?
Wednesday, July 17, 2024 - 11:06am | 733Securing capital in the cannabis industry can be challenging, but it is achievable. During the Benzinga Cannabis Insider event, Titans In Finance, financial experts shared their strategies to help businesses succeed. The event featured Adam Stettner, CEO of FundCanna, Seth Yakatan, partner at Katan...
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Are You Overlooking Critical Market Analysis In Your Cannabis Investments?
Wednesday, July 17, 2024 - 9:19am | 642In a rapidly growing industry fraught with unique challenges, cannabis businesses must master the art of risk management to ensure long-term success. At Benzinga’s recent Cannabis virtual event, Titans In Finance, industry expert Henry Miller, vice president of originations at Pelorus Capital...
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Struggling With Cannabis Funding? These Finance Experts Have Solutions
Wednesday, July 3, 2024 - 2:02pm | 581Securing capital in the cannabis market has always been a complex task. However, the latter half of 2024 is projected to provide new fundraising opportunities. The Benzinga Cannabis team has gathered a panel of experts to discuss these challenges and offer practical advice to industry participants...
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StateHouse To Operate Humboldt County Cannabis Cultivation Facility
Tuesday, August 22, 2023 - 7:54am | 561StateHouse Holdings Inc. (OTCQX: STHZF) (CSE:STHZ) has entered into a managed service agreement with Pelorus Capital Group to manage the operations at Willow Creek located in Humboldt County, (collectively, the “Humboldt facilities”) for a monthly, fixed fee for an initial 18-month term...
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Pelorus Capital Confirms First-Ever Securitization Backed By Collateral In The Cannabis Sector, Sells $45M Of Bonds
Monday, July 31, 2023 - 8:06am | 432Pelorus Capital Group announced it priced the first-ever securitization for cannabis-linked real estate assets. Pelorus retained a third of the $70 million offering, selling $45 million of bonds (“PCG 2023-1”), which attracted a range of institutional investors and hedge funds. The one-...
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A New High For Cannabis Finance: This Firm Has Received The Industry's First 'A' Credit Rating
Monday, May 15, 2023 - 1:47pm | 382In a key development for the regulated cannabis sector, Pelorus Capital Group has announced that its 7% senior secured notes have achieved an "A" institutional rating, the highest ever seen in the cannabis industry. This unprecedented rating was given by Egan-Jones Rating Company, a...