Chicago Atlantic Real Estate Finance entered into the first amendment to the third amended and restated loan and security agreement by and among Chicago Atlantic Lincoln and six FDIC-insured financial institutions to extend the maturity of its $92.5 million secured revolving credit facility.
Verano Holdings entered into an amendment to its existing credit agreement for additional funding of $120 million with an 18-month maturity. Chicago Atlantic Advisors is the lead administrative agent and collateral agent for the facility, with AFC Gamma also funding $50 million of the $120 million tranche.
Green Ivy Capital entered a non-binding term sheet agreement on a senior secured, delayed draw term loan with an aggregate principal amount of up to $46 million with science-focused cannabis company Vireo.
Green Ivy Capital, an affiliate of Chicago Atlantic Group, acted as sole lead arranger and administrative agent on a new $30 million senior secured term loan facility for Verano Holdings.