Fundz

Columbia Care Completes US$20.4 Million Add-On Debt Financing

PRIVATEOct 29, 2020

Amount Raised

$20 Million

Round Type

Debt Financing

New YorkCommunity And LifestyleHealth Care

Description

Columbia Care, Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) today announced the completion of an add-on debt issuance under its existing senior secured indenture via a private placement (the “Offering”) of 20,000 units (the “Units”) for aggregate gross proceeds of approximately US$20.4 million.

Quick answer

Columbia Care raised $20 Million in a Debt Financing round, dated October 29, 2020. Columbia Care is based in New York, New York, United States.

How much did Columbia Care raise?
Columbia Care raised $20 Million in a Debt Financing round on October 29, 2020.
What does Columbia Care do?
Columbia Care is one of the largest and most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 18 U.S. jurisdictions and the EU.
Where is Columbia Care based and how big is it?
Columbia Care is based in New York, New York, United States.
Who are the decision-makers at Columbia Care?
Fundz holds 1 contact at Columbia Care. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Community And Lifestyle and Health Care around the same time

Companies in the same sectors as Columbia Care that raised within 45 days of this round, from Fundz verified event records.

  • Mekonos, Inc. raised $4M (Seed) on November 23, 2020.
  • ENvue Medical, Inc. raised $6.6M on December 11, 2020.
  • Preceptis Medical raised $3.2M (Seed) on December 10, 2020.
  • Elation Health raised $40M (Series C) on December 10, 2020.
  • Bluejay Diagnostics raised $154K on December 10, 2020.
  • CG Oncology raised $47M (Series D) on December 10, 2020.

Who to call at Columbia Care, and when

A new round usually means Columbia Care is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Columbia Care

Location

New York, New York, United States

About

Columbia Care is one of the largest and most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 18 U.S. jurisdictions and the EU. Columbia Care operates 130 facilities including 99 dispensaries and 31 cultivation and manufacturing facilities, including those under development. Columbia Care is one of the original providers of medical cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the company launched Cannabist, its new retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers products spanning flower, edibles, oils, and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, gLeaf, Classix, Plant Sugar, Press, Amber and Platinum Label CBD. For more information on Columbia Care, please visit www.col-care.com.

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