Saturday, September 6, 2025

Curaleaf Closes US$300 Million Senior Secured Loan

Curaleaf Holdings (CSE: CURA) has closed its previously announced term loan facility for an upsized amount of US$300 million. The financing, originally announced as being US$275 million in size, is one of the few large financings conducted as of late in the cannabis sector, where many smaller firms are agreeing to high interest rate, short term agreements just to keep the lights on.

The loan is on a senior secured basis, without specific assets being identified for which the funding is secured against, however the assumption is effectively all assets of the company given the size of the financing. The funds came from a syndicate of lenders, with an interest rate of 13.0% that is payable quarterly in arrears. The large facility is for a term of 48 months from the date of close.

Funds from the loan facility will be utilized to refinance existing debt, to pay for transaction fees on pending acquisitions, and for capital expenditures and general working capital purposes.

Curaleaf Holdings last traded at $9.60 on the CSE.


Information for this briefing was found via Curaleaf Holdings. The author has no securities or affiliations related to the discussed organizations. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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