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Marijuana Business Daily: TerrAscend borrows $120M to make payments on marijuana acquisition
The lending syndicate was led by Seaport Global Securities and supported by ATB Global, according to a TerrAscend news release, and included a $25 million contribution from CapStone Holdings.
Benzinga: CapStone Holdings Invests $25M In TerrAscend's Ilera Healthcare Division
CapStone is one of a group of investors in a $120 million loan facility to enable TerrAscend to complete the final Ilera Healthcare earn-out payments, in relation with TerrAscend's acquisition of Ilera Healthcare.
CapStone Holdings Inc. Invests $25 Million in Ilera Healthcare
CapStone is one of a group of investors in a $120 million loan facility to enable Ilera’s parent company – TerrAscend to satisfy the final Ilera Healthcare earn-out payments without the need for additional external funding.