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Cresco Labs Strengthens Balance Sheet with $325M Refinancing Deal, Cuts Total Debt

Chicago, IL · Chicago

Cresco Labs Strengthens Balance Sheet with $325M Refinancing Deal, Cuts Total Debt

Cannabis operator reduces debt burden and gains flexibility with new 12.5% interest loan, including option to prepay $125M at lower premium. Enhanced terms support growth strategy.See the Story

Weak Michigan Cannabis Sales Again in July

Marijuana · Michigan

Weak Michigan Cannabis Sales Again in July

Michigan cannabis sales for July fell from a year ago as they rose sequentially by 5.2%, which was up slightly on a per-day basis. At $274.7 million, sales were down 4.5% from a year earlier: The Michigan Cannabis Regulatory Agency breaks out sales by medical and adult-use, with medical sales falling 64.3% from a year ago to [ . . . ]See the Story

Q2 Cannabis Financial Updates Fail to Impress - Cannabis News World

Q2 Cannabis Financial Updates Fail to Impress - Cannabis News World

The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. This update is our first since late July, when we previewed the Q2 reports. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies must See the Story

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