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Hercules Capital Provides Up to $65MM Senior Credit Facility to Sight Sciences - News

Sight Sciences, an eyecare technology company focused on developing and commercializing innovative technology intended to transform care and improve patients’ lives, closed an up to $65 million senior secured credit facility with Hercules Capital. The transaction included the immediate draw of $35 million, the net proceeds of which the Company used...
Ali Bauerlein Sight Sciences Chief Financial Officer Blake Mcguire Managing Director Facility Terms

Aurora Cannabis Layoffs Continue In Effort To Improve Balance Sheet

Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB) started this year with serious layoffs, and it seems it will end it in the same manner. The Canadian cannabis giant revealed this week that it had to close activities at its Aurora Sun facility and opted to reduce the production at its flagship Aurora Sky facility by 75%. Per Marijuana Business Daily, Auroras reducing production to 25% at Aurora Sky led to the company terminating around 200 employees. This move comes just two weeks after Aurora annou...
Jonathan Page Miguel Martin Aurora Sun Aurora Cannabis Inc Aurora Cannabis Aurora Sky

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