debt
confidence high
sentiment positive
materiality 0.60
REFI funds $30M senior secured loan to FarmaceuticalRX for Ohio marijuana facility
Chicago Atlantic Real Estate Finance, Inc.
- $34M aggregate loan commitment to FarmaceuticalRX; REFI funded $30M.
- Loan proceeds to complete Ohio cultivation facility, repay debt, equipment, working capital.
- REFI's loan secured by liens on substantially all assets of borrowers, including Ohio real estate.
- FarmaceuticalRX operates in Ohio and Pennsylvania medical marijuana markets.