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Nova Farms receives $20M loan facility to expand in NJ, New England

Nova Farms receives $20M loan facility to expand in NJ, New England
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Cannabis REIT Chicago Atlantic Closes $20M Facility With Massachusetts Weed Co That Plans To Expand In These Key Markets - Chicago Atlantic Real (NASDAQ:REFI)

Massachusetts-based integrated cannabis operator Nova Farms has received a $20 million loan facility from Chicago Atlantic Real Estate Finance. Nova Farms manages a Massachusetts cultivation farm, seven retail brands, and five full-service dispensaries across the Bay State, Maine, and New Jersey. It was among the first businesses to secure licenses in Massachusetts upon the state's legalization of recreational cannabis back in 2016. Chicago Atlantic's capital investment is expected to back Nova Farms' efforts to expand its footprint of dispensaries in key states, namely New Jersey and Connecticut.

Chicago Atlantic Closes $20 Million Facility with Nova Farms

Chicago Atlantic Closes $20 Million Facility with Nova Farms
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Chicago Atlantic Closes $20 Million Facility with Nova Farms

/PRNewswire/ Chicago Atlantic has deployed a $20 million facility in senior secured financing to Nova Farms, a fully integrated cannabis operator managing a.

Bridgeport s first of 4 cannabis dispensaries set to open

Bridgeport s first of 4 cannabis dispensaries set to open
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