Blank Rome represented Needham Bank in providing a $40 million revolving credit facility to Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading international provider of consumer cannabis products. The new revolving line of credit will support Curaleaf’s ongoing working capital needs.
The Blank Rome team was led by Frank A. Segall, Chair of the Cannabis Industry Team, who arranged and structured the loan for the parties and closed it on behalf of Needham Bank with Gus Stickley, Caitlin Barrett, and Carol Gershon.
For more information on this transaction, please read the press release: Curaleaf Secures New $40 Million Revolving Credit Facility (November 6, 2024).
