Latest In: Pelorus Equity Group

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Chart showing the shift to debt financing in the cannabis industry

Debt financing eclipses equity in US marijuana cultivation and retail fundings

Capital raises in the U.S. marijuana industry are down nearly 65% this year versus 2021, but lower stock…

News October 27
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TerrAscend closes $45.5 million marijuana debt financing

Multistate marijuana company TerrAscend Corp. has taken a senior secured term loan from cannabis real estate lender Pelorus…

News October 12
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Chart of U.S. real estate sector raises

Analysis: Marijuana real estate lenders buck trend with record funding

Cannabis companies generally have been raising less money this year versus previous years, but not all industry sectors…

News May 27
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Cannabis lender Pelorus closes second tranche of $77.3M Harborside financing

Cannabis industry real estate lender Pelorus Equity Group closed the second tranche of its $77.3 million loan to…

News April 11
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Marijuana financier Pelorus lends nearly $17M to Royal Emerald Pharmaceuticals

Marijuana real estate lender Pelorus Equity Group announced debt financing worth nearly $17 million to specialty-drug company Royal…

News March 8
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Marijuana operator Harborside closes first tranche of $77.3M debt financing

Oakland, California-based vertically integrated marijuana firm Harborside closed the first tranche of a $77.3 million debt financing deal.

News February 11
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Speakers bullish on marijuana outlook + FDIC and cannabis

Three industry experts who presented at the MJBizFinance Forum predicted the marijuana industry is heading in the right…

News October 20
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Marijuana real estate lender Pelorus closes $42.3 million notes offering

Pelorus Equity Group, a commercial real estate lender to marijuana companies, closed a $42.3 million private placement of…

News September 30
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Charts showing rising costs of construction for the cannabis industry.

Cannabis firms face surging costs for building materials, complicating plans

Cannabis growers, manufacturers and retailers planning to build new facilities or expand existing ones are facing not only…

News July 26
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