cannabis funding Cannabis Industry & Marijuana Business Briefs cresco labs Debt financing Illinois Medical Cannabis Business & Marijuana Legal News Marijuana Sales, Funding & Banking News Recreational Marijuana News United States Cannabis Industry & Marijuana Business News

Marijuana MSO Cresco Labs doubles loan size to $200 million

Multistate marijuana operator Cresco Labs has extended the maturity of a senior secured loan and boosted the size of the debt funding to the maximum $200 million. The Chicago-based company secured an initial $100 million loan from a syndicate of lender…