Chicago Atlantic funds $10M initial advance of $25M credit facility to Sanctuary Medicinals

Chicago Atlantic Real Estate Finance, Inc.

Funded $10M initial advance under a new $25M senior secured credit facility to Sanctuary Medicinals LLC.
Sanctuary operates 5 dispensaries in Florida with plans to open more than 18 additional locations in 2022.
Since December 2021 IPO, Chicago Atlantic has funded a total of $74.2M in principal across 5 new and existing credit facilities.
Facility supports Sanctuary's retail and cultivation expansion in the Florida market.

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