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Pelorus Equity Group Closes First Tranche Of Us$77.3M Debt Financing With Harborside

Pelorus Equity Group Closes First Tranche Of Us$77.3M Debt Financing With Harborside

02/11/22, 7:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnewport beach
Money raised
$77.3 million
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, is pleased to announce the first closing 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 of US$45.35M, the first of two planned tranches, includes three individual loans to Harborside, Urbn Leaf Holdings Inc. (“Urbn Leaf”), and Loudpack JV Corporation (“Loudpack”)

Company Info

Company
TransCanna
Location
newport beach, california, united states
Additional Info
TransCanna Holdings Inc. is a California based, Canadian listed company building Cannabis-focused brands for the California lifestyle, through its wholly-owned California subsidiaries. For further information, please visit the Company's website at www.transcanna.com or email the Company at info@transcanna.com.