Silver Spike Investment Corp.(NASDAQ:SSIC) is a specialty finance company formed to invest across the cannabis ecosystem through investments in the form of direct loans to cannabis companies.
The companyallocated a total of $21 millionto theVerano Holdings Corp.(OTCQX:VRNOF)$350 million senior secured credit facility in November and reported net investment income of $550,415 for the Q2 2023, compared to net investment loss of $128,186 in Q2 2022.
On January 18th, cannabis REIT, Innovative Industrial Properties, Inc.(NYSE:IIPR), announced that three of its tenants are in default:
SH Parent, Inc.(Parallel) was in default on its obligations to pay rent at one...
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