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Finance
Curaleaf Upsizes Revolving Credit Facility to $100 Million With Needham Bank
The company’s agreement represents the largest revolving credit facility in the U.S. cannabis sector.
AYR Wellness Announces Commencement of Restructuring Support Agreement Article 9 Proceedings
AYR continues to work cooperatively with the senior noteholders and its stakeholders in furtherance of the RSA.
Vireo Growth Enters Definitive Agreements to Acquire Outstanding Senior Secured Convertible Notes of Schwazze
The transaction reflects the continuation of Vireo’s M&A strategy and is expected to close later this month.
Verano Secures $75 Million Revolving Credit Facility
The cannabis company drew $50 million to retire $50 million of its existing senior secured credit facility, with $25 million left for strategic initiatives.
Ascend Wellness Closes $9.3 Million Mortgage Financing on 3 Ohio Properties
The cannabis company closed the transaction for loans on real estate in Cincinnati, Sandusky and Piqua.
Village Farms International’s Board Approves $10M Share Repurchase Authorization
The authorization reflects the company’s balanced approach to capital allocation, with $75 million in cash for the third-quarter closing.
Jushi Favorably Modifies Mortgage on Virginia Cultivation, Manufacturing Facility
The company received $4 million in additional loan proceeds and an extended maturity, bolstering its balance sheet for growth initiatives.
Verano Proposes to Redomicile Parent Company From British Columbia to Nevada
The cannabis company board approved the plan to change its place of incorporation from Canada to the U.S.
Curaleaf Joins S&P/TSX Composite Index
Inclusion in Canada's benchmark index increases the cannabis company’s exposure and broadens access across North American capital markets.
High Tide Closes Acquisition of a Majority Stake in Remexian Pharma GmbH
The cannabis company completed the deal for a 51% interest in Remexian for €26.4 million and has a five-year option for the remaining 49% interest.
AYR Wellness Executes Senior Secured Bridge Credit Agreement
The agreement will provide the company with up to $50 million of committed funding to support ongoing operations.
TerrAscend Renews, Replenishes $10M Share Repurchase Program
The cannabis company’s 12-month program provides it with the flexibility to allocate capital opportunistically.
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