Credit Facility


MariMed Closes $35 Million Credit Facility to Accelerate its Strategic Growth Plans

January 24th, 2023 - Ryan Allway

NORWOOD, Mass., Jan. 24, 2023 (GLOBE NEWSWIRE) — MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced that today it closed a $35 million secured credit facility with Chicago Atlantic Advisors, LLC (“Chicago Atlantic”) as the lead lender.   “I am delighted to announce the closing of this transformative credit […]

The Healing Company acquires leading superfoods business, Your Super, and lands $150M credit facility to expand community of brands

October 17th, 2022 - Ryan Allway

Your Super ranked #1 in the food and beverage category on Inc.’s 2021 5000 fastest growing company list, placing 25th overall with three-year revenue growth of 11,477 percent and $180M in cumulative revenue The Healing Company and Your Super will partner to capitalize on two high-growth wellness sectors—superfoods and plant-based nutrition Acquisition financed through a combination of […]

Vext Announces $22.2 Million Credit Facility

July 8th, 2022 - Ryan Allway

Credit facility composed of two secured term loans bearing interest at 7.5%. Will be used to retire current secured debt, which currently bears an average rate of 10%. All currency is presented in USD.   VANCOUVER, BC, July 8, 2022 /CNW/ – Vext Science, Inc. (“Vext” or the “Company”) (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid brand leader based in Arizona, […]

AFC Gamma Provides Bloom Medicinals with $82.5 Million Senior Secured Credit Facility

April 21st, 2022 - Ryan Allway

Funding will allow Bloom to Scale Operations and Acquire Cultivation License in Ohio   WEST PALM BEACH, Fla., April 21, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it has provided a senior secured credit facility of up to $82.5 million to Bloom Medicinals Holding Company and certain of its […]

Delta 9 Announces Commitment Letter for $32 Million Non-Dilutive Credit Facility

February 1st, 2022 - Ryan Allway

WINNIPEG, Manitoba, Feb. 01, 2022 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) today announced that it has entered into a binding commitment letter (the “Commitment Letter”) with connectFirst Credit Union Ltd. (“connectFirst”) for $32 million in credit facilities (the “Proposed Credit Facilities”). The Proposed Credit Facilities […]

SOL Global Continues Principal Re-Payments Towards $50 Million Credit Facility

December 2nd, 2021 - Ryan Allway

TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (the “Company” or “SOL Global”) (CSE: SOL) (OTCQ SOLCF) (Frankfurt: 9SB) is pleased to announce that it has repaid an additional $2.5 million toward its $50 million credit facility with an arm’s length lender (the “Credit Facility”), reducing the principal amount of the Credit Facility to $45 million. As disclosed in […]

Aleafia Health Announces Closing of $10 Million Credit Facility

August 23rd, 2021 - Ryan Allway

Credit Facility provides financial capacity to pursue accretive growth opportunities New debt lender increases financial flexibility with new source of capital Improves liquidity by growing cash and marketable securities balance to $25 million TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a leader in […]


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