Privately held multistate operator Story Cannabis received a $41 million loan from Florida-based cannabis real estate lender AFC Gamma Inc. (Nasdaq: AFCG). Story’s Maryland division, Story of Maryland LLC, will use the funds to refinance some of the business’s existing debt and to pay for ongoing operations. Daniel Neville, CEO …
Election day is just a month away, and this year millions of voters will decide the fates of at least seven pro-cannabis and psychedelic ballot measures in states across the nation. Here’s a quick look at the measures up for consideration and what the various initiatives would do. Arkansas Issue …
The Daily Hit is a recap of the top financial news stories for Thursday, October 3, 2024. On the Site Cannabist lender fed up with being ghosted FiSai holds $50 million of The Cannabist’s debt and is getting nervous about the company’s poor performance. Read more here. Green Thumb employees …
FiSai US Management, a holder of $50 million in The Cannabist Co.’s (OTC: CBSTF) secured notes due Feb. 2, 2026, formally notified the company’s board and CEO of its concern regarding liquidity management, underperformance and strategic missteps. In addition, FiSai told Green Market Report that it is frustrated with the …