Tag: Chicago Atlantic

Vireo nabs $75M through 120M new shares, goes on acquisition spree

In a new blockbuster deal spanning the geographical breadth of the United States, Minnesota-based Vireo Growth (CSE: VREO) (OTCQX: VREOF) will more than double its cannabis footprint with the acquisition of four companies and a significant equity infusion for real estate investment trust Chicago Atlantic. Under the terms of the complex deal, Vireo will get $75 […]

Cannabis REITs navigate tenant stress, even as rate cut lifts real estate stocks

Cannabis real estate lenders are taking markedly different approaches to troubled credit and market headwinds lately, with some aggressively restructuring loans while others maintain a wait-and-see approach, according to earnings calls over the past week. While broader real estate stocks rallied on the Federal Reserve’s latest rate cut, with the Real Estate Select Sector SPDR […]