US (FL): Jushi secures loan of $20M

Jushi Holdings secured a commercial loan with FVCbank for gross proceeds of $20 million. The proceeds of the Loan will be used for working capital and other corporate purposes. “This non-dilutive financing, which we are proud to have closed in this capital-constrained environment, will significantly strengthen our financial position as we execute our goals in 2023,” said Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi.

For more information:
Jushi
www.jushico.com

Publication date: Fri 7 Apr 2023

email this article Print

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

2023-06-02 Delphy Group remains independent
2023-06-02 US (NJ): Plainfield OKs three dispensaries, grower to open in city
2023-06-02 Cronos Group to shut down CBD-focused operations
2023-06-02 Trulieve exits Massachusetts blaming poor business
2023-06-02 "Our newly opened Innovation Center recreates highly controlled environment of vertical farming"
2023-05-31 Canopy Growth to acquire 20% interest in Indiva
2023-05-31 International supply agreement for medical cannabis extracts in the Czech Republic and Switzerland
2023-05-31 £7m credit facility secured by MMJ developer
2023-05-30 Stenocare launches IT platform for physicians
2023-05-30 US (ID): Boise man under investigation for possible cannabis Ponzi scheme
2023-05-29 Dissolved oxygen platform launched
2023-05-29 GroupDC acquires Hawita
2023-05-26 US (NY): Family-owned Juniper Jill Cannabis Co. gears up for 2nd growing season
2023-05-26 Canndescent accelerates its digital transformation as it goes live on Seed and Beyond Cannabis ERP
2023-05-26 Eric Labbate, founder of Climate Control Systems, retires after 38 years
2023-05-26 Dutch breeding company prohibited from trading in cannabis seedlings
2023-05-25 CAN (ON): Josh MacIntyre joins Royal Brinkman as Sales Manager
2023-05-25 Green Simplicity joins GreenV
2023-05-25 US: Massachusetts credit union receives certification for cannabis banking protocols
2023-05-25 US (NM): Bright Green closes $3.5M private placement

<< Back | MMJDaily.com

Sectors

Announcements

Vacancies

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

US (FL): Jushi secures loan of $20M