LeafLink, a marijuana industry wholesale inventory and ordering platform announced that they have raised $250 million in a credit financing deal. LeafLink officials say the transaction is supposed to help provide liquidity to the cannabis supply chain. The terms of the deal have not been disclosed and the company announced that its supply chain financing arm closed the senior secured credit facility with a private commercial lender. Industry insiders argue that the transaction could be a sign that cannabis capital markets are loosening.
– Marijuana Bussines Daily, July 23, 2020