Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a whopping 60% yearly interest rate, the company said Wednesday. The secured note, obtained from a private investor, matures in four months, according to a news release. Acreage put up as collateral its marijuana business facilities in Florida, Illinois and New Jersey […]
Cannabis firm Acreage gets $15M loan at 60% interest rate is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Read More: Cannabis firm Acreage gets M loan at 60% interest rate
Comments are closed, but trackbacks and pingbacks are open.