Finance experts mixed on prospects of marijuana capital infusion
Reaching consensus on hotly debated issues is rare in the cannabis space, especially when it comes to potential ramifications of marijuana rescheduling. Some industry experts, such as cannabis hedge fund manager Patrick Rea, are optimistic that a wall of capital will flow into the sector, given the right catalyst. Others, including banker Peter Su, remain […]
Chicago Atlantic closes on $50M loan for marijuana investments
Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future investments and other corporate purposes. Chicago Atlantic, an Illinois-based commercial mortgage real estate investment trust, withdrew the entire loan at closing to repay its outstanding borrowings on its $110 million senior secured revolving credit facility and for […]