Tag: Chicago Atlantic

These 3 Cannabis Sectors Sank in March

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. In March, the index plunged 15.2%, leaving it down 12.5%...
- April 2nd, 2023 at 8:27 pm

Down but Not Out

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- March 12th, 2023 at 6:21 pm

Cannabis Earnings Season Is Set to Begin

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and...
- February 27th, 2023 at 7:40 am

TerrAscend Reduces Michigan Debt by $30 Million

TerrAscend Reduces Outstanding Debt by US$30 Million Elects to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million TORONTO, Nov....
- November 30th, 2022 at 9:13 am

Chicago Atlantic Grows Q3 Revenue 13% Sequentially

Chicago Atlantic Real Estate Finance Announces Third Quarter 2022 Financial Results CHICAGO, Nov. 09, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or...
- November 9th, 2022 at 7:50 am

Verano Refinances $350 Million Credit Facility

Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating...
- October 27th, 2022 at 8:53 am

Here Is Who’s Killing It in Cannabis

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- April 3rd, 2022 at 10:50 am

Ancillary Cannabis Stocks Gain 2.7% in March

The Ancillary Cannabis Index bounced back from a weak beginning to the year, advancing 2.7% in March to 52.89: The index has declined 47.1% since its introduction at the end of...
- March 31st, 2022 at 4:48 pm

Ancillary Cannabis Stocks Plunge 16.5% in January

Following up on our discussion in early 2021 about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- January 31st, 2022 at 4:46 pm

Ancillary Cannabis Index Declines 7% in December

Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- December 31st, 2021 at 4:52 pm

Gage Growth Borrows $55 Million to Fund Michigan Expansion

Gage Growth Corp. Announces US$55 Million Senior Secured Debt Financing Provides Maximum Flexibility to Execute on Gage’s Growth Strategy, Including Near-Term Retail Acquisition Opportunities DETROIT, and TORONTO, Nov. 22,...
- November 22nd, 2021 at 9:48 am

Verano Borrows $120 Million at 8.5%

Verano Upsizes Credit Agreement to US$250 Million at 8.50% With an Additional US$100 Million Option Adds substantial, non-dilutive capital to the Company’s balance sheet, further buttressing its strong cash...
- October 20th, 2021 at 8:53 am

Verano Holdings Borrows $100 Million at 9.75%

Verano Upsizes Existing Credit Agreement by US$100 Million with a 9.75% Annual Interest Rate on a Non-Dilutive Basis Reduces borrowing costs with one of the industry’s leading annual interest...
- May 11th, 2021 at 8:21 am