Published 3 days ago

Tsunami of debt heading toward the biggest cannabis companies

Summary by newsbudz.com

There is a tsunami of debt headed straight for the cannabis industry. When capital dried up a few years ago, many publicly traded cannabis companies turned to debt for needed funding. Now, roughly $1.83 billion of that debt is set to come due by 2026. Facing the wave There's no way to know exactly how much debt is held by private cannabis companies, but regulatory filings for the publicly traded firms paints a stark picture. For example, Ascend …

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Coverage Details

Total News Sources0

Leaning Left0Leaning Right0Center0Last Updated3 days agoBias Distribution

No sources with tracked biases.

Bias Distribution

There is no tracked Bias information for the sources covering this story.

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Tsunami of debt heading toward the biggest cannabis companies

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics