Gold Flora Closes Additional $2 Million Draw on Senior Loan Facility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 08 2024
0mins
Source: Yahoo Finance
Capital Infusion Announcement: Gold Flora Corporation has secured an additional $2 million from its $13.15 million Senior Loan Facility with J.J. Astor & Co., bringing the total drawn to $9.15 million, aimed at strengthening its balance sheet and expanding market share in California.
Company Overview: Gold Flora is a vertically-integrated cannabis company operating multiple cultivation facilities and retail dispensaries across California, with plans for further expansion and a diverse portfolio of cannabis brands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
