Holistic Industries, a Maryland-based multistate cannabis operator, announced it raised $35 million in debt financing to fund cultivation and processing build-outs. The funding round was led by Virginia-based specialty financing company Altmore Capital. Holistic is a privately owned Multi-state operator that started on the East Coast and currently operates in California, Maryland, Massachusetts, Michigan, and Pennsylvania. The company won licenses to operate in Missouri’s medical cannabis market. Additionally, Holistic recently raised $6.2 million from the sale and leaseback of a marijuana cultivation, processing, and retail facility in a Detroit suburb.

Marijuana Business Daily, 09/15/2020 15:17:35

Open article: https://mjbizdaily.com/multistate-cannabis-operator-holistic-industries-raises-35-million/