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Saturday, May 4, 2024

Banking and Finance

A $25 Million Loan and a New CFO for Trulieve Cannabis

Trulieve Cannabis recently secured a $25 million loan and welcomed a new Chief Financial Officer. The loan, collateralized against a Florida cultivation site, carries a five-year repayment plan at an interest rate of 8.31%. Two banks, led by First Federal Bank, extended the loan for 'general corporate purposes,' as reported...
Banking and Finance

Transition Plan for Tekion

Tekion has bolstered its executive leadership team by appointing two distinguished leaders with extensive expertise in the enterprise software industry. Jacob Shulman, previously serving as CFO for JFrog and Mellanox Technologies, has assumed the role of Chief Financial Officer. Rob Glenn, formerly CRO and Head of Alliances at Coupa Software, now...
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