Silver Spike Investment Corp. is switching things up after purchasing a portfolio of loans from Chicago Atlantic Loan Portfolio LLC (CALP). SSIC will now become a business development company, or BDC. The entity was renamed Chicago Atlantic BDC Inc., and its ticker symbol on the Nasdaq will change to LIEN, …
Author: Extroverting
The Daily Hit: September 30, 2024
The Daily Hit is a recap of the top financial news stories for Monday, September 30, 2024. On the Site Cannabis cafes get green light in California Governor Newsom signed the bill after his concerns about second-hand smoke were addressed. Read more here. Harris endorses federal marijuana legalization Harris: “I …
Digicann, 3Win poised for reverse takeover arrangement for listing on CSE
Digicann Ventures Ltd. (CSE: DCNN) (OTCPK: AGFAF) signed a definitive agreement for a reverse takeover by 3Win Corp., finalizing a deal first proposed in early August. 3Win would emerge as the controlling entity, with its shareholders holding about 97.3% of the resulting issuer’s common shares, according to the agreement. The …
Cannabis cafes get green light in California
California Gov. Gavin Newsom signed Assembly Bill 1775 into law, which will allow local municipalities to begin permitting “cannabis cafes” to serve non-cannabis-infused food and drinks to patrons consuming cannabis on site. Under existing law, cannabis retailers with consumption areas were able to sell prepackaged foods and beverages; this law …