Earnings Analysis: Planet 13, Ascend Wellness And TILT Holdings
In a recent analyst note, Jonathan DeCourcey from Viridian Capital Advisors provided an update on cannabis companies Planet 13, Ascend Wellness and TILT Holdings.
Wabtec Expands Credit Facility To $1.5B
Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) signed an amended and restated credit agreement, increasing the size of its existing…
Major Goals For ATAI: $175M Secured In Term Loan Facility, Plus Q2 Earnings Report
Clinical-stage psychedelics company ATAI Life Sciences N.V. (NASDAQ: ATAI) announced its financial results for the quarter ended June 30, 2022 and business updates, including a term loan facility agreement for up to $175 million provided by Hercules Capital Inc.
4Front Ventures Reports Financial Results: Accelerates Growth In Massachusetts And California
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced its financial results late Monday for the second quarter ended June 30, 2022.
Air-Dried Beef Company To Restructure After “Record High Revenues,” Will Raise $20M In New Financing As Shares Dive 16%
Stryve Foods Inc (NASDAQ:SNAX) reported second-quarter FY22 sales growth of 49% year-on-year to $10.95 million, missing the consensus of $13.45 million.…
GreenLight Biosciences Announces Private Placement Of ~$109M
BOSTON, Aug. 12, 2022 (GLOBE NEWSWIRE) -- GreenLight Biosciences (NASDAQ:GRNA), a public benefit corporation striving to bring effective and safe solutions to make food clean and affordable for everyone and
Allena Pharma Needs To Raise Capital To Continue As A Going Concern
Allena Pharmaceuticals Inc (NASDAQ:ALNA) says it lacks the financial resources to conduct studies for ALLN-346 for hyperuricemia and gout in the…
Greenlane Secure $15M Accreditive Credit Facility
Greenlane Holdings Inc (NASDAQ:GNLN) said it has closed on a $15 million asset-based loan. The loan is for a term…
Cingulate Announces $5M Of Debt Financing From Werth Family Investment Associates LLC
Werth Family Investment Associates Provides $5 Million of Debt Financing
Cingulate received $5 million of debt financing from Werth Family Investment Associates LLC (WFIA). The promissory note
Biotech Daily: Cancer Causing Impurities In Merck’s Diabetic Drug, Vir Bio-GSK Shun FDA Submission Plans For COVID-19 Treatment, Aethlon’s Monkeypox Trial
Here's a roundup of top developments in the biotech space over the last 24 hours: