NEWS BRIEF

Multistate marijuana firm Curaleaf raises $275 million in debt

Curaleaf, a Massachusetts-based multistate marijuana operator, secured $275 million in debt from a syndicate of lenders.

It’s believed to be the largest amount of debt ever raised in the U.S. marijuana industry.

The company plans to use the money to refinance existing debt, fund previously announced acquisition expenses and capital expenditures and for general corporate purposes.

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