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Bloom Montana Closes $11 Million Debt Financing With Altmore Capital

Mar 10, 2022•almost 4 years ago

Amount Raised

$11 Million

Helena

Description

Bloom Montana, the largest vertically integrated cannabis company in Montana with 23 operational stores, is pleased to announce that it has closed an $11 million debt financing with Altmore Capital, a senior debt lender focused on the US cannabis industry. The proceeds will be used to fund the completion of a new cultivation facility, further retail expansion and general business purposes as the state begins its transition to recreational use.

Company Information

Company

Bloom Montana

Location

Helena, Montana, United States

About

Operating a network of retail locations under the Bloom Montana and Fat Hippie banners, cultivation facilities and manufacturing facilities, and with an operating history that dates back to 2011, the company has expanded its operations as Montana state regulations have evolved. ContactBloom Montana 406-458-9333 / admin@bloommt.com Bloom Montana has been operating in the state since 2011, building a leading footprint with multiple cultivation and processing facilities, and the highest number of retail stores of any cannabis company in Montana. Bloom Montana, the largest vertically integrated cannabis company in Montana with 23 operational stores, is pleased to announce that it has closed an $11 million debt financing with Altmore Capital, a senior debt lender focused on the US cannabis industry. About Bloom Montana Bloom Montana (https://bloommt.com) is one of the largest vertically integrated cannabis operators in Montana.

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