Finance: Page 15

TerrAscend Closes US$25 Million Commercial Loan With Stearns Bank

The proceeds will be used to pay down higher-interest debt, reducing the company’s overall interest expense.

Inside the Collapse of California Distribution Giant Herbl

Stakeholders weigh in on the company’s receivership and where the market could go from here.

Cannabis Sale-Leaseback Activity Muted in Q1 2023

The market for sale-leasebacks has been affected by broader industry headwinds, though there may be signs for cautious optimism.

Pitching Investors? Consider These Crucial Elements

Panelists at Cannabis Conference 2022 shared vital tips for making a solid pitch deck and what makes a strong relationship between an investor and entrepreneur.

Demystifying Mergers and Acquisitions: Q&A With East Fork Cultivars’ Mason Walker

Ahead of his session at Cannabis Conference 2023, Walker shares a preview of his dealmaking insight that he hopes will make other small cannabis businesses comfortable with the process.

How to Be Successful in Any Environment: Q&A With Colin Kelley of Merida Capital Holdings

Kelley shares insight into how cannabis businesses can shift from reacting to planning ahead to withstand volatile market conditions.

Trulieve, Verano, Ascend Wellness Buckle Up for New Growth Markets

Reporting first quarter financials, CEOs from the three multistate operators are now regearing for more favorable business conditions.

Curaleaf’s Boris Jordan Says New Super PAC Will Sway SAFE Banking’s Passage in 2023

The company’s executive chairman provided a timeline for the bill during an earnings call but said he’s not “predicting anything in Washington.”

Curaleaf to Restate Certain Previously Issued 2022 and 2021 Financial Statements

The company will report minor reductions in revenue of approximately 1.25% and 0.75% for 2021 and 2022, respectively.

Sale-Leasebacks in Cannabis: A Tale of Two Markets

While the broader sale leaseback market flourished, sector specific headwinds delivered a challenging year for the cannabis sector.

Verano CEO Says 2023 Will Be ‘Inflection Point’ for Cannabis Industry

As smaller operators struggle to weather the industry downturn, George Archos forecasts favorable M&A deals in attractive markets.

Trulieve CEO Sets Goal of $100 Million in Operating Cash Flow This Year

Stomping onward with the nation’s largest cannabis retail footprint, Trulieve reported $1.2 billion in revenue for 2022.

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