Standard Wellness Holdings LLC secured a $14 million senior secured credit facility from Advanced Flower Capital (NASDAQ: AFCG), the companies announced Thursday. The vertically integrated cannabis company will use the funding to refinance existing debt, including full repayment of its debt facility with Focus Growth Capital Partners and early repayment …
City View Green Holdings (CSE: CVGR) (OTC Pink: CVGRF) recently warned investors it was considering a pivot out of cannabis and becoming an investment issuer. Now it’s making that official. The company has proposed to spin out its wholly owned subsidiary, 2590672 Ontario Inc. Following the spin-out transaction, the company …
Delota Corp. (CSE: NIC) reported year-over-year revenue growth of 18% for the 12-month period that ended Jan. 31, primarily driven by direct-to-consumer sales through its 180 Smoke stores and online platform. The company announced in January that it was shifting the end of its fiscal year to March 31 from …
Cannabis industry insiders may have grown weary of peering into their crystal balls to determine whether federal reform of any kind is on the horizon during the new Trump administration, but it doesn’t appear that the murkiness will lift anytime soon. That’s in spite of the president nominating a cannabis …