Pelorus Equity Group Closes Second And Final Tranche Of Us$77.3M Debt Financing With Harborside

Pelorus Equity Group (“Pelorus” or “the Company”), the leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced the completion of its second and final tranche of its previously announced US$77.3M non-dilutive real estate debt financing (“the Rollup Financing”) with Harborside Inc. (“Harborside”) (CSE: HBOR) (OTCQX: HBORF). The initial funding included three individual loans to Harborside, Urbn Leaf Holdings Inc. (“Urbn Leaf”) and Loudpack JV Corporation (“Loudpack”) with a second tranche made available upon final closing of the three-way merger