Chicago Atlantic Closes $30MM Senior Secured Credit Facility to Deep Roots Harvest

Chicago Atlantic Admin acted as administrative agent on the funding of a $30 million senior secured credit facility for Deep Roots Harvest, a vertically integrated operator in Nevada with five open dispensaries, one dispensary planned to open in December 2024 and a standalone cultivation and processing facility._x000D_
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“Deep Roots is a company to watch in 2025, and it’s our pleasure to take a front row seat and support their growing investment portfolio,” David Kite, managing partner at Chicago Atlantic, said. “Their team has shown operational expertise at every level, exceptional business acumen and a strong balance sheet – We couldn’t be more excited to partner with them.”_x000D_
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“Chicago Atlantic has quickly proven themselves as a valuable partner as we continue to invest across our portfolio of businesses,” Keith Capurro, CEO of Deep Roots Harvest, said. “With a larger balance sheet and meaningful additional borrowing capacity, we are well positioned to execute on our broader strategy.”