MedMen Announces US$20 Million Financing Commitments – Designated News Release

–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the U.S., today announced financing commitments totaling over US$20,000,000 from existing lenders and institutional investors. The commitments include (1) US$10,000,000 in gross proceeds under a new unsecured convertible facility, (2) US$5,700,000 in additional gross proceeds under its senior securedContinue reading “MedMen Announces US$20 Million Financing Commitments – Designated News Release”

Canada House Wellness Group Announces $6.5 Million Strategic Investment From Archerwill Investments

-Canada House Wellness Group Inc. (CSE: CHV) (“Canada House“, or the “Company“), is pleased to announce that it has entered into a subscription agreement (the “Subscription Agreement“) with Archerwill Investments Inc. (“Archerwill“) for a strategic investment in Canada House (the “Transaction“). Transaction Highlights Archerwill will invest $6,500,000 in the form of a secured convertible debenture (the “Debenture“) to obtain aContinue reading “Canada House Wellness Group Announces $6.5 Million Strategic Investment From Archerwill Investments”

Jushi Holdings Inc. Provides Update on Debt Financing

Additional Binding Subscriptions Increased Debt Financing to US$17.425 Million; Closed on an Additional US$4.275 Million of Subscriptions for a Total of US$12.575 Million — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today provided an update regarding its previously announced US$15.25 million debt financing. To date,Continue reading “Jushi Holdings Inc. Provides Update on Debt Financing”

Jushi Holdings Inc. Announces $15.25 Million Debt Financing Led by Insiders and Existing Shareholders

Insiders and Existing Shareholders Have Committed the Majority of the New CapitalA Portion of the Proceeds Will be Used to Acquire a Pennsylvania Grower-Processor Permit Holder BOCA RATON, Fla., June 22, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a globally-focused, multi-state cannabis and hemp operator, today announced theContinue reading “Jushi Holdings Inc. Announces $15.25 Million Debt Financing Led by Insiders and Existing Shareholders”

Auxly Closes $3 Million Third Tranche of Financing

Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) has issued an additional $3 million worth of unsecured convertible debentures (collectively, the “Third Tranche”) under its $25 million unsecured convertible debenture standby facility with an institutional investor (the “Investor”) as previously announced on April 28, 2020 (the “Original Offering”). Under the Third Tranche,Continue reading “Auxly Closes $3 Million Third Tranche of Financing”

Zenabis Announces Extension and Partial Conversion of Secured Convertible Notes

VANCOUVER, BC, June 4, 2020 /CNW/ – Zenabis Global Inc. (TSX: ZENA)(“Zenabis” or the “Company“) is pleased to announce that it has entered into definitive agreements (the “Note Amending Agreements“) with the holders (the “Noteholders“) of each of the subordinated secured convertible notes originally issued by Zenabis Investments Ltd. on October 17, 2018, as amended on August 21, 2019 and January 31, 2020 (each,Continue reading “Zenabis Announces Extension and Partial Conversion of Secured Convertible Notes”

Sugarbud Announces Non-Dilutive Secured $5.0 Million Credit Facility with Connect First Credit Union Ltd.

CALGARY, Alberta, May 22, 2020 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT) (“Sugarbud” or the “Company“) is pleased to announce that it has entered into a commitment letter with Connect First Credit Union Ltd. (“First Calgary“) in respect of a $5.0 million senior secured credit facility (the “Credit Facility“). The committed interestContinue reading “Sugarbud Announces Non-Dilutive Secured $5.0 Million Credit Facility with Connect First Credit Union Ltd.”

4Front Ventures Announces Closings of $5.8 Million U.S. Private Placement and Sale of Non-Core Pennsylvania Retail Assets

PHOENIX, May 15, 2020 /CNW/ — 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”) announced the upsizing and close of a private placement of convertible debentures and the close of the sale of its non-core retail assets in Pennsylvania.  The closing of these transactions marks significant progress towards the Company’s stated objectives of being fully-fundedContinue reading “4Front Ventures Announces Closings of $5.8 Million U.S. Private Placement and Sale of Non-Core Pennsylvania Retail Assets”

Aleafia Health Announces $13 Million Bought Deal Offering of Units

TORONTO, May 11, 2020 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF)  (“Aleafia” or the “Company”), is pleased to announce that it has entered into an agreement with Eight Capital as lead underwriter and sole bookrunner, on behalf ofContinue reading “Aleafia Health Announces $13 Million Bought Deal Offering of Units”