Tag: Chicago Atlantic

Cannabis REIT Borrows $50 Million at 9.0%

Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments Assigned BBB+ Investment Grade Rating from Egan-Jones CHICAGO, Oct. 23, 2024...
- October 23rd, 2024 at 7:43 am

MSOs Trail Again

As we described in a previous article, the Global Cannabis Stock Index soared again in March, rallying 19.5%. It is now up 26.0% in 2024. In this article, we summarize the performance...
- March 29th, 2024 at 11:18 am

Soaring MSOs Lead Cannabis Stocks Higher in January

As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023,...
- February 1st, 2024 at 5:58 am

MariMed Refinances Chicago Atlantic Loan

MariMed Closes $58.7 Million Debt Refinancing 10-Year Term at Reduced Annualized Interest Rate Will Result in $4.7 Million Reduction to Principal and Interest Expense in the First 12 Months...
- November 20th, 2023 at 7:42 am

MSOs Lead Cannabis Stocks Lower in October

As we described in a previous article, the Global Cannabis Stock Index plunged in October after three consecutive monthly gains. That index is now down 26.1% year-to-date, which has followed a record...
- November 1st, 2023 at 8:43 am

The Global Cannabis Stock Index Plunges in October

Cannabis stocks, as measured by the Global Cannabis Stock Index,  exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA...
- October 31st, 2023 at 4:33 pm

Cannabis Market Shows Mixed Action in September

As we described in a previous article, the Global Cannabis Stock Index rallied for the third consecutive month, creating the first quarterly advance since 2021-Q1. That index is now down  down 5.6%...
- October 1st, 2023 at 8:35 am

This Part of the Cannabis Market Has Been Overlooked

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- September 17th, 2023 at 8:00 am

These 3 Cannabis Sectors Sank in March

As we described in a previous article, the Global Cannabis Stock Index fell in February after rising to begin the year. In March, the index plunged 15.2%, leaving it down 12.5%...
- April 2nd, 2023 at 8:27 pm

Down but Not Out

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- March 12th, 2023 at 6:21 pm

Cannabis Earnings Season Is Set to Begin

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. December and January were a slow period for reporting, and...
- February 27th, 2023 at 7:40 am

TerrAscend Reduces Michigan Debt by $30 Million

TerrAscend Reduces Outstanding Debt by US$30 Million Elects to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million TORONTO, Nov....
- November 30th, 2022 at 9:13 am

Chicago Atlantic Grows Q3 Revenue 13% Sequentially

Chicago Atlantic Real Estate Finance Announces Third Quarter 2022 Financial Results CHICAGO, Nov. 09, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or...
- November 9th, 2022 at 7:50 am

Verano Refinances $350 Million Credit Facility

Verano Refinances $350 Million Credit Facility with Significant Optionality to Bolster Strategic Growth Plans Verano refinances existing $350 million credit facility, extending the maturity with a four-year term Floating...
- October 27th, 2022 at 8:53 am

Here Is Who’s Killing It in Cannabis

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- April 3rd, 2022 at 10:50 am

Ancillary Cannabis Stocks Gain 2.7% in March

The Ancillary Cannabis Index bounced back from a weak beginning to the year, advancing 2.7% in March to 52.89: The index has declined 47.1% since its introduction at the end of...
- March 31st, 2022 at 4:48 pm

Ancillary Cannabis Stocks Plunge 16.5% in January

Following up on our discussion in early 2021 about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- January 31st, 2022 at 4:46 pm

Ancillary Cannabis Index Declines 7% in December

Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the...
- December 31st, 2021 at 4:52 pm