Latest In: Chicago Atlantic

Chicago Atlantic Debt financing Ermont lending loan loans MariMed maryland massachusetts refinancing
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Cannabis company MariMed refinances debt with $58.7 million loan

Cannabis multistate operator MariMed secured a new 10-year loan worth $58.7 million, most of which will be used…

News November 20
cannabis debt financing capital raises Chicago Atlantic Debt financing equity financing Frank Colombo MariMed Patrick Rea Poseidon Garden Ventures Silver Spike Acquisition Corp. Susan Villare Viridian Capital Advisors
Chart of cannabis capital rasies by sector 2017-22.

High cost of raising capital in marijuana industry expected to continue in 2023

Many marijuana companies seeking capital are expected to find limited pickings and costly terms this year, providing little…

News February 13
capital raise Chicago Atlantic credit facilities MariMed Silver Spike Investment Corp.
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Marijuana MSO MariMed borrows up to $35 million for expansion, more

Marijuana multistate operator MariMed closed a $35 million secured credit facility to complete expansion projects in multiple states…

News January 25
cannabis business loans Chicago Atlantic Chicago Atlantic Real Estate Finance credit facilities loans marijuana loans Verano Verano Holdings
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Marijuana MSO Verano refinances $350 million credit facility

Marijuana multistate operator Verano Holdings refinanced its existing $350 million credit facility from cannabis industry real estate lender…

News October 27
cannabis business loans cannabis real estate Chicago Atlantic Chicago Atlantic Lincoln Chicago Atlantic Real Estate Finance credit facilities loans marijuana loans marijuana real estate real estate
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Marijuana lender Chicago Atlantic increases credit facility to $65 million

Marijuana industry real estate lender Chicago Atlantic Real Estate Finance increased the size of its revolving credit facility…

News May 13
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Chicago Atlantic, others lend $30 million to Florida medical marijuana company

Cannabis industry real estate lender Chicago Atlantic Real Estate Finance says has led a $30 million senior secured…

News March 16
cannabis business loans cannabis fundraising cannabis real estate Chicago Atlantic Chicago Atlantic Real Estate Finance FarmaceuticalRX marijuana fundraising
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Medical cannabis company FarmaceuticalRX borrows $34 million from Chicago Atlantic

FarmaceuticalRX, a medical cannabis producer with operations in Ohio and Pennsylvania, closed a $34 million loan from cannabis…

News February 8
Canaccord Genuity capital raise Chicago Atlantic Gage Growth michigan
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Gage raises $55 million to fuel its marijuana growth in Michigan

Michigan-based Gage Growth said it raised $55 million of capital through a one-year secured loan to help finance…

News November 22
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