Cannabis Operator Deep Roots Harvest Secures $30M From Chicago Atlantic To Expand Across Nevada
Chicago Atlantic Admin acted as administrative agent on the funding of a $30 million senior secured credit facility for Deep Roots Holdings, a vertically integrated cannabis operator in Nevada. Deep Roots Holdings has a standalone cultivation and processing facility in the Silver State, runs five dispensaries and plans to open one more in Dec. 2024.
“Deep Roots is a company to watch in 2025, and it’s our pleasure to take a front-row seat and support their growing investment portfolio,” stated David Kite, managing partner at Chicago Atlantic. “Their team has shown operational expertise at every level, exceptional business acumen and a strong balance …