Student Loan Forgiveness Limited By the War on Drugs | High Times
Student Loan Forgiveness Limited By the War on Drugs | High Times Total 0 Share
Tag: loan
Student Loan Forgiveness Limited By the War on Drugs | High Times
Student Loan Forgiveness Limited By the War on Drugs | High Times Total 0 Share
AFC Gamma expands Justice Cannabis loan to $75 million for NJ, Pa operations
Marijuana industry finance company AFC Gamma significantly boosted a loan to Chicago-based Justice Cannabis Co., increasing it from the $22 million figure announced in May to $75.4 million. Justice Cannabis….
Marijuana MSO debt costs fall, but capital issues linger for smaller firms
Large marijuana multistate operators are enjoying lower loan interest rates these days, thanks to stronger balance sheets and the industry’s increasing stability as more states legalize MJ and federal reform….
Marijuana MSO Ascend Wellness borrows at least $210 million
New York-based marijuana multistate operator Ascend Wellness Holdings said it secured a loan of at least $210 million at a 9.5% per annum interest rate. The senior secured debt will….
Verano nets $100 million in upsized loan to support cannabis moves
Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the multistate cannabis operator an additional $100 million of funding at an annual interest rate of 9.75%…..
Red White & Bloom borrows $60 million to purchase Illinois marijuana grow
Toronto-based multistate marijuana company Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5….
Marijuana MSO Cresco Labs doubles loan size to $200 million
Multistate marijuana operator Cresco Labs has extended the maturity of a senior secured loan and boosted the size of the debt funding to the maximum $200 million. The Chicago-based company….
Ayr borrows $75 million to fund marijuana acquisitions, finish facilities
Multistate marijuana operator Ayr Strategies announced a $75 million secured loan intended to fund acquisitions and complete facilities in Arizona, Ohio and Pennsylvania. Ayr, which is based in New York….
Acreage marijuana loan’s steep interest rate, Big Tobacco-cannabis bankruptcy, Missouri starts MJ cultivation & more
Cannabis multistate operator Acreage Holdings obtained a $15 million short-term loan with an eye-popping 60% yearly interest rate. The secured note, received from an unidentified institutional investor, matures in four….