Feuerstein Kulick’s debt team is known as the premier cannabis lending practice in the country and is comprised primarily of former big-law attorneys with a wide range of debt finance experience.

Feuerstein Kulick advises alternative investors, private equity funds, investment funds, family offices, distressed debt funds, lenders (on a syndicated and single-lender basis) and companies on all aspects of debt finance and procuring capital in the legal cannabis space, including deals ranging from $5 million-$300 million uniquely tailored to maximize lender recourse and/or flexibility for companies operating in the legal cannabis space. Having structured and advised on many of the largest secured financings in the industry, Feuerstein Kulick has unmatched expertise and ability to execute high-risk, regulatory compliant transactions. Our deep-rooted legal cannabis experience, including with recent market trends and up to the minute federal and state regulatory and legislative developments, makes us a preferred choice of the industry’s top operators and leading investors.

On behalf of lenders and investors:

  • Represented a syndicate of lenders in a senior secured term loan of up to $170 million to Shryne Group Inc which cultivates, manufactures, distributes and retails branded cannabis products at scale, and owns and operates award-winning brands, including Stiiizy.

  • Represented a private equity fund, structuring loans ranging from $10 million to $100 million to MSOs and SSOs in Arizona, California, Nevada, Illinois, Ohio, Missouri, Michigan, Maryland and Oregon.

  • Represented a cannabis focused REIT structuring a in a senior secured loan to build out operations in Massachusetts.

  • Advised certain private equity funds, family offices and alternative investors as lenders to TerrAscend and Cresco in their senior secured financings.

  • Represented agent and lead lender to Leaflink in its $250 million factoring facility.

  • Represented lead lenders to Curaleaf in 2020 on their $300 million term loans and $50 Million revolving credit facility.

  • Represent the majority lenders in TerrAscend’s existing senior secured term loan of $120 million regarding its Pennsylvania operations.

  • Represent lead lender to DreamFields Brands, Inc. (Jeeter) in $35 million senior secured credit facility.

On behalf of borrowers:

  • Represent Holistic Industries in its $35 million secured term loan and $55 million Notes Purchase Agreement.

  • Represent Glass House Brands in obtaining a $100 million senior secured term loan.

  • Represent The Greenrose Holding Company in obtaining its $105 million credit facility.

  • Represent Jushi in securing a $100 million credit facility.

  • Represented Loudpack in obtaining a $16.4 million credit facility as part of the Statehouse transaction.