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Cannabis Lender Chicago Atlantic Reports $3.2M In Q3 Income
Friday, November 8, 2024 - 1:20pm | 630Chicago Atlantic BDC, Inc. (NASDAQ:LIEN), a specialty finance firm focused on direct loans to middle-market and cannabis companies, announced its financial results Thursday for the third quarter ended September 30, 2024. The company highlighted a $3.2 million investment income and completed a...
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SEC-Approved Cannabis Lender Acquired By Investment Giant, Changes Ticker To $LIEN
Tuesday, October 1, 2024 - 5:54pm | 432Investment manager fund Chicago Atlantic recently acquired Silver Spike Investment Corp. (NASDAD: SSIC), the only SEC-approved business development company (BDC) focused on lending to the cannabis industry. As a result, Silver Spike has been renamed Chicago Atlantic BDC, Inc., and its ticker symbol...
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California Cannabis Brands Papa & Barkley And Mammoth Distribution Announce Merger, Promising National Expansion
Wednesday, September 11, 2024 - 5:25pm | 412Papa & Barkley, a well-known cannabis wellness brand in California, has merged into Mammoth Distribution, one of the state's leading distributors. The companies announced the merger Wednesday in a joint press release. This marks a significant consolidation within California's cannabis industry...
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Cannabis Finance Company Silver Spike Announces Solid 2023 Gains
Thursday, March 28, 2024 - 4:11pm | 715Silver Spike Investment Corp. (NASDAQ:SSIC), a cannabis-focused specialty finance company, announced Wednesday its financial results for the year ending December 31, 2023. Quarter Ended 12/31/2023 Financial Highlights Net investment income of $1.7 million, or $0.28 per share compared to $1.6...
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Cannabis-Focused Finance Company Declares Special Dividend, Q3 Investment Income In Line With Previous Quarter
Friday, November 10, 2023 - 9:49am | 419Cannabis-focused specialty finance company Silver Spike Investment Corp. (NASDAQ: SSIC) reported its financial results for the quarter ended Sep. 30, 2023, revealing a total investment income of $2.9 million, in line with the previous quarter. “We are excited to announce our second...
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Silver Spike Shares Trading Higher On Q2 Investment Income Growth Of 257% YoY
Friday, August 11, 2023 - 9:21am | 594Silver Spike Investment Corp. (NASDAQ: SSIC) released its financial results for the quarter ended June 30, 2023., revealing total investment income of $2.9 million, an increase of 257% compared to $809,591 in Q2 2022. Q2 2023 Financial Highlights Net investment income of $1.9 million, or $0.31...
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Silver Spike Investment Q1 FY23 Total Investment Income Grows To $2.5M, Here Is What You Need To Know
Friday, May 12, 2023 - 9:10am | 452Silver Spike Investment Corp. (NASDAQ: SSIC) released its financial results for the quarter ended March 31, 2023, revealing total investment income of $2.5 million compared to $10,073 in Q1 2022. Quarter Ended 3/31/23 Highlights Net investment income of $1.4 million, or $0.22 per share...
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Silver Spike Investment Corp. Reports Second Quarter Fiscal 2023 Financial Results
Thursday, November 10, 2022 - 8:00pm | 545On Thursday, Silver Spike Investment Corp. (NASDAQ: SSIC), a specialty finance company announced its financial results for the quarter ended September 30, 2022. Silver Spike was formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity...
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Investing In Cannabis: Silver Spike Q1 Total Investment Income Hits $800K
Friday, August 12, 2022 - 8:15am | 427Silver Spike Investment Corp. (NASDAQ: SSIC) released its financial results for the quarter ended June 30, 2022, revealing total investment income of $800,000. Q1 2023 Financial Highlights Net investment income of $221,245 or $0.04 per share, compared to net investment loss of $164,062 in Q1 2022...
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Trader: Costco Showing 'No Hesitation' Of Breakthrough
Friday, November 15, 2019 - 2:25pm | 362The Consumer Staples Select Sect. SPDR ETF (NYSE: XLP) continues to show strength which bodes well for "one of the strongest" names in the group, Costco Wholesale Corporation (NASDAQ: COST), Todd Gordon, founder of TradingAnalysis.com, said Thursday on CNBC's "Trading Nation....