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Dec 21, 2020, 12:30 pm194 ptsMJBizDaily
U.S. and Canadian marijuana operator TerrAscend borrowed $120 million from a syndicate of lenders to help finance earn-out payments related to its acquisition of Ilera Healthcare in Pennsylvania. The financing, announced Dec. 18, is senior secured debt that bears an annual interest rate of 12.875% and matures…
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