Tag: CBT > Debt Refinancing

Finance

Jushi Holdings Refinances Credit Facilities With $160 Million Nondilutive Debt Financing

The cannabis company’s refinancing for its first and second lien credit facilities adds cash to its balance sheet.

March 27, 2026

Finance

Green Thumb Industries Announces Additional $50 Million Senior Debt Financing

The company increased its five-year syndicated credit facility at an industry-leading rate of SOFR+500.

February 20, 2026

Finance

Blüm Holdings Announces $3.05 Million Debt Conversion

The company issued 3,248,547 shares of common stock as part of the transaction, and the converted debt was canceled and satisfied in full.

January 8, 2026

Secured Debt Financing

AYR Wellness Announces Commencement of Restructuring Support Agreement Article 9 Proceedings

AYR continues to work cooperatively with the senior noteholders and its stakeholders in furtherance of the RSA.

October 13, 2025

Finance

Cresco Labs Closes $325 Million Senior Secured Term Loan Refinancing

The transaction extends the loan’s maturity to 2030, strengthening the company’s balance sheet and positioning it for growth.

August 14, 2025

Finance

TerrAscend Completes $79 Million Non-Dilutive Debt Financing

The proceeds from the transition were used to retire $68 million of existing debt, with the remainder designated for future growth initiatives.

July 9, 2025

Finance

Vireo Growth Refinances Senior Secured Debt Through $120M Loan

The cannabis company also expanded its consolidated credit facilities with an additional $33 million second lien term loan.

July 9, 2025

Finance

Vireo Growth Provides Corporate Update After Closing All Merger Transactions

The cannabis company now operates in six states and believes its improved profitability profile could help secure favorable debt refinancing terms.

June 17, 2025

Finance

AYR Fails to Complete Q1 2025 Interim Financial Filings; Cease-Trade Order Remains in Effect

The cannabis company provided an update on the delay of its financial statements, analysis and related executive officer certificates.

June 13, 2025

Finance

Green Thumb Industries Refinances Senior Debt, Closing on $150 Million Syndicated Credit Facility

The cannabis company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt.

September 12, 2024

Cannabis Business Financial Report

Jushi Holdings Inc. Reports Second Quarter 2024 Financial Results

The Florida-based multistate operator shares Q2 financial and company highlights, including its appointment of former Cresco executive Todd West as COO, its debut of 308 new unique SKUs across the company’s five vertical markets, a net loss of $1.9 million, compared to $14.0 million in Q2 2023, and the refinancing of the company's first lien debt with SunStream Bancorp Inc.

August 8, 2024

Investing in Public Cannabis Companies

The Cannabist Co. Announces Debt Repurchase Agreement

The company’s agreement aims to reduce leverage by up to $25 million and decrease its interest expense.

January 22, 2024