Locke Lord Represents Green Ivy Capital in $30 Million Senior Secured Term Loan Facility Arranged for Verano Holdings

A Locke Lord team led by Jason Ulezalka (New York) represented Green Ivy Capital, LLC, a specialty finance company focused on making investments in the cannabis industry, in a $30 million senior secured term loan facility arranged for Verano Holdings, LLC, a Chicago-based cannabis company with a current footprint covering 12 U.S. states. Green Ivy Capital is an affiliate of the Chicago Atlantic Group, an asset management firm specializing in private credit investments. The loan proceeds will be used by Verano to fund future acquisitions and expansions. Additional assistance was provided by Sam Stempel (Chicago) and Christine McCay and Heather Stone (both of Boston).
Posted on July 9, 2020