Oregon-based craft cannabis producer Grown Rogue International (CSE: GRIN) (OTC: GRUSF) said it secured a $7 million credit facility from a “national, FDIC-insured commercial bank.” The four-year credit facility carries an interest rate of around 9.2% per annum, calculated as the secured overnight financing rate (SOFR) – which is currently …
Chicago Atlantic BDC (NASDAQ: LIEN), formerly known as Silver Spike Investment Corp., reported $8 million in fourth-quarter profit on its investment income, the cannabis lender’s first financial results since its October loan portfolio deal. The business development company recorded total investment income of $12.6 million and maintained its recently increased …
Jill Cohen is the founder of CannaBossLady. She is a cannabis expert and has the first woman-owned dispensary in northern New Jersey.
The buyer is a subsidiary of an Israeli company.