Extroverting
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Rite Aid Declares Bankruptcy, Again, Secures $1.94 Billion to Support Sale Process
For the second time in the past 18 months, struggling pharmacy retailer Rite Aid has commenced Chapter 11 proceedings, and this time the retailer appears to be preparing for a sale. Rite Aid has secured commitments from some of its existing lenders for $1.94 billion in new financing which, along …
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TerrAscend Signs Agreement to Acquire 4th Dispensary in New Jersey
Union Chill, a single dispensary operator in Hunterdon County, is generating more than $11 million in annualized revenue. …
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Delaware Receives FBI Code; Adult-Use Cannabis Sales ‘Partially’ a Go
The federal agency issued the state’s regulators a service code to perform background checks on applicants, but another legislative fix is still needed. …