Cannabis Finance


City View Green Holdings Inc. Announces 1st Tranche Closing of Private Placement; Debt Settlements and Grant of Options

March 17th, 2022 - Ryan Allway

Toronto, Ontario–(Newsfile Corp. – March 17, 2022) – City View Green Holdings Inc. (CSE: CVGR) (“City View” or the “Company“), trading through the facilities of the Canadian Securities Exchange (“CSE“) under the symbol “CVGR” and on the OTCQB® under the symbol “CVGRF”, announces that it is undertaking a non-brokered private placement (the “Private Placement“) of up […]

Chicago Atlantic Real Estate Finance Funds $30 Million Senior Secured Credit Facility to Single-State Cannabis Operator in Florida

March 16th, 2022 - Ryan Allway

CHICAGO, March 16, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial real estate finance company, announced today it led a $30 million senior secured credit facility to a private, vertically integrated, single-state cannabis operator in Florida. At closing, Chicago Atlantic funded $17.5 million of […]

Northern Lights Acquisition Corp. Announces Entering into a Business Combination Agreement with Safe Harbor Financial, the Leading Provider of Financial Services and Access to Banking Solutions for the U.S. Cannabis Industry

February 14th, 2022 - Ryan Allway

– Transaction advances Safe Harbor’s mission to be the leading provider of compliant and reliable access to banking and financing solutions for the U.S. cannabis industry – One of the first cannabis-focused commercial lending platforms with an actionable pipeline of over $300 million in near term opportunities with proven multi-state and single-state operators – Tenured […]

Trait Biosciences Receives Strategic Investment From Btomorrow Ventures As Lead Investor In A C$31 Million Series A Financing

June 16th, 2021 - Ryan Allway

VANCOUVER, BC, June 16, 2021 /PRNewswire/ — Trait Biosciences Inc. (“Trait”) — a global leader in cannabinoid research focused on developing technologies that enable the production of safe, high-quality, predictable, and efficacious CBD products — today announced the completion of a C$31 million Series A financing round (the “Financing”). The Financing features a combination of new cash and the conversion of existing company […]

High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD

May 3rd, 2021 - Ryan Allway

Acquisition boosts High Tide’s current U.S. revenue run rate by ~60% to over C$40 Million Highly accretive transaction for shareholders, as FABCBD generated 2020 revenue of US$10.8 Million and EBITDA of US$4.3 Million – with each metric having more than doubled in each of the past two years Strong financial profile which generated 74% gross margins and 40% EBITDA margins […]

Cannabis CPG MSO BellRock Brands Provides Further Update on Previously Announced Equity Financing

April 23rd, 2021 - Ryan Allway

DENVER, April 23, 2021 /CNW/ – BellRock Brands Inc. (“BellRock” or the “Company”) (CSE: BRCK.U), an industry-leading cannabis consumer packaged goods (“CPG”) multi-state operator (“MSO”), wishes to announce an update to its previously disclosed USD$30,000,000 equity financing with a strategic institutional investor (the “Equity Financing”).   Under the amended terms, the Equity Financing is expected to be structured as an […]


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