Cannabis Debt

Jupiter's Burnout: Can TILT Holdings Reverse Its Five-Year Vape Decline?

Cannabis Debt Looms For These Weed Giants: Here's How Some Tackled Their Financial Challenges

Almost Every Major Cannabis Company Could See Positive Cash Flow If 280E Is Removed In 2025

Cannabis Debt Looms For These Weed Giants: Here's How Some Tackled Their Financial Challenges

Almost Every Major Cannabis Company Could See Positive Cash Flow If 280E Is Removed In 2025

EXCLUSIVE: Tracking Every Cannabis Deal Is 'A Lot Of Fun,' Says Financial Expert Behind Essential Investor Tool

Bridging The Gap Between Financial Institutions And Cannabis Industry With Credit Scores

EXCLUSIVE: Tracking Every Cannabis Deal Is 'A Lot Of Fun,' Says Financial Expert Behind Essential Investor Tool

Bridging The Gap Between Financial Institutions And Cannabis Industry With Credit Scores

Jushi Cuts $53M Debt With New $48M Loan, Now Holds Less Than $1M In Short-Term Debt

Cannabis Giant SNDL Is Taking Care Of Other Companies' Debts, Expects To Acquire Shares Of Canadian Cannabis Edibles Producer

Cannabis Debt Recent News

New York Weed Giant Cannabist To Complete Nearly $26M Private Placement Offering Of Convertible Debentures

The Cannabist Company Holdings Inc. announced on Friday it intends to complete a private placement of up to $19.5 million aggregate principal amount of 9% senior secured convertible debentures due 2027. The company said in a press release that it has received binding commitments for $17.5 million and may enter into additional commitments for $2 million of notes before closing. Additionally, the company plans to issue $6.25 million of notes in exchange for the cancellation of previously issued 6% senior secured convertible notes due 2025 held by certain offshore institutional investors. The notes will be senior secured obligations of the company and mature in March 2027, unless earlier converted or repurchased. The conversion rate will be 3,278.6 common shares in the capital of the company per $1,000 principal amount of notes, equivalent to a price of approximately $0.305 per common share.

Aurora Cannabis Bounces Back: Debt Paid, Growth Ahead

Aurora Cannabis has repaid its convertible senior notes, marking a significant milestone as it nears financial recovery. With remaining debt related to Bevo Farms Ltd, CEO Miguel Martin highlighted the company's focus on balance sheet strength, having paid off a substantial amount in convertible debt. The company posted record earnings in the third quarter, attributing success to international expansion and strategic partnerships, such as the recent collaboration with Script Assist in the UK. Analysts have identified Aurora as well-positioned to benefit from the legalization wave in Germany, given its strong export ties to the country. With a focus on medical cannabis quality and patient care, Aurora aims for positive free cash flow by year-end, showcasing a commitment to financial discipline and growth in the global cannabis market.

Pervasip Converts $15M Debt, Moves Toward Profitability With Cannabis Spin-Off

A key aspect of the restructuring is converting over 80% of Pervasip debt into equity in the new cannabis-focused entity.

Canadian Weed Retail Giant Restructures Nearly $9M Of Debt, Here's What's Next

Cannabis retailer High Tide Inc.

Cannabis MSO Strikes Million-Dollar Debt Relief Deal, More Details Here

Vertically integrated multi-state cannabis operator AYR Wellness Inc. (CSE: AYR.A) (OTCQX: AYRWF) has entered into a transaction support agreement with the holders of approximately 75% of the aggregate outstanding principal amount of the company's 12.5% senior notes due December 2024.

New Investor Helps This Cannabis Tech Co. Rebound, Here's How

Agrify Corporation (NASDAQ: AGFY) announced on Monday that CP Acquisition LLC and its existing institutional lender have signed a definitive agreement under which CP Acquisition purchased all of the outstanding convertible and senior secured notes of Agrify held by the exis

Multi-Million Dollar Real Estate Deal Slashes Debt For Toronto Cannabis Maker

Heritage Cannabis Holdings Corp.

$600M Debt Bubble Across CA Cannabis Supply Chain Under Pressure, Bill Proposes Punishment Without A Hearing

California Assembly Member Phil Ting (D) introduced legislation in March aiming to strictly regulate cannabis licensee payments for goods and services sold. The measure, A.B.