Tag : Secures

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The Green Organic Dutchman Secures Additional $5 Million Credit Facility

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The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD“) (CSE: TGOD) (US-OTC: TGODF), a sustainable global cannabis company is pleased to announce that it has agreed to amend the terms of the amended and restated credit agreement dated September 29, 2021, as amended by a first amendment dated November 20, 2021 (the......
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TSUMo Snacks Secures $4M In Seed Funding Round Led by Casa Verde

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TSUMo Snacks announced today that it raised a $4M Seed round led by Casa Verde. The new cannabis brand aims to elevate the way people consume THC through its innovative salty & savory snack offerings. “This capital will be used to supercharge TSUMo’s product roadmap as the brand continues to fill a......
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The Valens Company Secures CAD$40 Million Term Loan

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The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, announces that it has entered into a secured non-revolving term loan (the “Loan Agreement”) with 2361380 Ontario Limited , a private institutional lender, for an aggregate principal amount up to CAD$40 million (the......
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Thompson Duke Industrial Secures Another Patent for Cannabis Oil Vaporizer Device Filling and Capping Equipment

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Thompson Duke Industrial, the leader in cannabis oil vaporizer device filling and capping equipment, has been granted another patent from the United States Patent and Trademark Office (USPTO). U.S. Patent No. 11,166,490 covers Thompson Duke’s proprietary cannabis oil vaporizer device filling system, particularly adapted for filling sealed vaporizer devices. “We......
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High Tide Secures Non-Dilutive Credit Facility with ATB Financial

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High Tide Inc. (“High Tide” or the “Company“) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, announced today that it has entered into a credit agreement to establish a revolving credit facility with ATB Financial (“ATB“) in an......
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California’s Largest Licensed Cannabis Wholesale Marketplace Nabis Secures $23 Million in Series B Funding

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Nabis, California’s largest licensed cannabis wholesale marketplace platform, announced today the company raised $23 million in a Series B funding round. The infusion of capital will support expansion of Nabis’ online wholesaling business that already distributes more than $350 million worth of cannabis products per year. Prominent Series B investors include FJ Labs, Artemis Growth Partners, Silverleaf Venture Partners, Liquid......
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Neptune Wellness Solutions Inc. Secures Supply Agreement with Alberta Gaming, Liquor and Cannabis (AGLC), Extends Company’s Canadian Footprint over 1600 Retailers

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Neptune Wellness Solutions, Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT) has entered into a supply agreement with Alberta Gaming, Liquor and Cannabis (AGLC), the wholesaler and sole online retailer for recreational cannabis in Alberta, for the sale and distribution of Neptune’s proprietary recreational cannabis brand, Mood Ring. This is the......
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NuSachi, Inc. Secures Exclusive Supply Agreement for Premium, Chef-Inspired CBD Gummies Marketed by Perfect Plant Hemp Co

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 NuSachi, Inc. announced today that Perfect Plant Hemp Company has secured regional exclusivity to market and sell Full Spectrum (10:1 CBD:THC) Gourmet Gummies produced by NuSachi. The company’s medical-grade cannabis supply chain and product formulation expertise was chosen to differentiate the cannaseur lifestyle brand’s private label product portfolio with effect-driven formulations and artisanal flavors.......
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Boston Cannabis Delivery Company, Zip Run, Secures $2.3 Million Seed Funding

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Zip Run, the first social equity company to create a cannabis delivery platform, announced today the completion of a $2.3 million seed funding round led by Mollitiam Capital. Zip Run is on track to become the first adult-use cannabis delivery company in Boston. Zip Run co-founders Elis Omoroghomwan (Chief Growth Officer) and Gabe Vieira (CEO)......
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Harborside Secures $12 Million Revolving Credit Facility

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Harborside Inc. (“Harborside” or the “Company”) (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today announced it has entered into a loan financing arrangement with a commercial federally regulated bank (the “Bank“), in the amount of US$12 million (the “Loan“) pursuant to a senior secured revolving credit facility (the “Credit Facility“) due March 19,......