Tag: Gotham Green

Debra BorchardtSeptember 3, 2021
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Business

iAnthus Wants Gotham Green Gone

8min04
The saga of the once-promising cannabis company iAnthus (OTC: ITHUF) continues as the company has now turned against its lender (and one-time savior) Gotham Green Partners. The latest move comes just as a New York court dismissed a shareholder lawsuit led by Hi-Med LLC that claimed iAnthus had the money to make its debt payments […]
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Debra BorchardtSeptember 30, 2019
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Business

iAnthus Gets $20 Million From Gotham Green Partners

5min00
Gotham Green Partners has invested an additional $20 million in iAnthus Capital Holdings, Inc. (CSE: IAN)(OTCQX: ITHUF) through the purchase of senior secured convertible notes. Green Gotham said it was part of a broader $100 million financing plan to support the buildout of all existing markets in which iAnthus currently operates. iAnthus has been building […]
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William SumnerJuly 10, 2019
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BusinessDaily Hit

The Daily Hit: July 10, 2019

4min00
It’s time for your Daily Hit of cannabis financial news for July 10, 2019. On the Site Canaccord Genuity Increases Its Long-Term Growth Outlook for U.S. Cannabis Analysts with Canaccord Genuity (CG) have increased their 2019 to 2022 long-term growth outlook for the U.S. cannabis industry from 19% CAGR to 20%. According to the report, […]
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Debra BorchardtMarch 22, 2019
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Business

MedMen Gets $250 Million From Gotham Green Partners

6min00
MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF)  has signed a binding term sheet for a senior secured convertible credit facility of up to $250 million from funds managed by cannabis investor Gotham Green Partners.  MedMen said that it thinks this is the largest investment to date by a single investor in a publicly traded cannabis company […]
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