Cannabis multistate operator Acreage Holdings obtained a $15 million short-term loan with an eye-popping 60% yearly interest rate. The secured note, received from an unidentified institutional investor, matures in four months. MJBizDaily takeaway:\u00a0That astronomical interest rate, which required Acreage to put up as collateral its marijuana business facilities in three states as well as its [\u2026]<\/p>\n
Week in Review: Acreage cannabis loan\u2019s steep interest rate, Big Tobacco-MJ bankruptcy, Missouri starts cultivation & more<\/a> is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n
Cannabis multistate operator Acreage Holdings obtained a $15 million short-term loan with an eye-popping 60% yearly interest rate. The secured note, received from an unidentified institutional investor, matures in four months. MJBizDaily takeaway:\u00a0That astronomical interest rate, which required Acreage to put up as collateral its marijuana business facilities in threeContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6156,28,13912,911,14,9658,844,8949,8941,8944,5191,1285,257,13913,6679,7,9663,471,7287],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/43203"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=43203"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/43203\/revisions"}],"predecessor-version":[{"id":43204,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/43203\/revisions\/43204"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=43203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=43203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=43203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nRead More: Week in Review: Acreage cannabis loan\u2019s steep interest rate, Big Tobacco-MJ bankruptcy, Missouri starts cultivation & more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"