Gold Flora Secures Additional $2 Million Loan Draw
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2024
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Source: Business Insider
Gold Flora Corporation Financial Update: Gold Flora Corporation has closed an additional $2 million draw on its Senior Loan Facility, increasing the total to $11.15 million, which aims to enhance its operational capabilities in the cannabis industry.
Company Overview: Gold Flora is a female-led, vertically-integrated cannabis company in California, managing cultivation facilities and retail dispensaries with a diverse portfolio of brands, despite facing a year-to-date price performance decline of 84.38%.
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.
