Chicago Atlantic BDC posts fourth-quarter profit jump, triples assets

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 …

Planet 13 pumps the brakes on expansion, keys in on Florida

Las Vegas-based Planet 13 Holdings (CSE: PLTH) (OTCQX: PLNH) slowed its roll to accommodate industry setbacks, including the November loss of recreational marijuana legalization in Florida and “ongoing industry-wide price compression,” company leadership said during its quarterly earnings call last week. That means less rapid expansion and probably not as …