CapStone Holdings Invests $25M In TerrAscend's Ilera Healthcare Division

Ilera Healthcare, a division of a vertically-integrated cannabis company TerrAscend Corp. (OTCQX: TRSSF), will obtain a $25 million investment from CapStone Holdings.

TerrAscend recently announced it has secured $120 million in financing via a senior secured term loan with a syndicate of lenders. The loan was secured by Ilera Healthcare, which TerrAscend purchased in 2019 for a total consideration of $125 million to $225 million.

CapStone is one …

Full story available on Benzinga.com

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