Latest In: loans

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Cannabis MSO lands in receivership over $210 million debt to lender

New Jersey-based TerrAscend Corp. is in receivership in Michigan after defaulting on a $210 million loan.

News May 22
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term…

News August 14
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Marijuana MSO Jushi refinances $53 million loan

Jushi Holdings, a vertically integrated, marijuana multistate operator, refinanced a roughly $53 million senior secured credit facility.

News August 7
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California-based marijuana delivery service Eaze faces foreclosure

The largest marijuana delivery company in the biggest regulated U.S. cannabis market is facing financial troubles.

News May 21
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AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers

Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth…

News March 8
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Silver Spike to acquire Chicago Atlantic loan portfolio, expand beyond marijuana

New York-based Silver Spike Investment Corp. will acquire Chicago Atlantic Loan Portfolio in exchange for newly issued shares…

News February 20
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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
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Marijuana operator gets $22M in loans from Minnesota governmental agencies

Hwy35, a Missouri-based marijuana operator, secured $22 million in funding from two state agencies in Minnesota as well…

News October 18
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Marijuana MSO 4Front Ventures takes out $10M loan for Illinois operations

Multistate marijuana company 4Front Ventures Corp. obtained a $10 million senior secured credit facility, which will be put…

News October 17
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