Core Viewpoint - Knight Therapeutics Inc. has secured a revolving credit facility with National Bank of Canada to support its growth strategy and acquisition plans, particularly for the Paladin acquisition [1][2][4]. Group 1: Credit Facility Details - The initial borrowing limit of the credit facility is up to US$50 million, with plans to increase it to at least US$100 million plus an accordion of US$50 million within the next six months [2][5]. - The credit facility can be drawn in either USD or CAD at the SOFR or CORRA rate plus a margin of 1.25% to 2.75%, depending on the company's debt leverage [3]. - The facility has an initial term of three years, extendable annually, and includes customary financial and non-financial covenants [2][3]. Group 2: Company Strategy and Leadership Statements - The credit facility is intended to enhance the company's operational strength and balance sheet, enabling it to pursue acquisition opportunities and support business growth in Latin America and Canada [4][5]. - The CFO of Knight Therapeutics expressed that the facility will optimize the capital structure and provide necessary funding for growth [5].

Core Insights - Advanced Flower Capital Inc. (AFC) has expanded its senior secured revolving credit facility to $50 million, with an additional $20 million commitment from its Lead Arranger, an FDIC-insured bank with over $75 billion in assets [1][2] - The funds from the credit facility will be used to support existing borrowers, originate and participate in commercial loans to cannabis operators, and for general corporate purposes [1] - The credit facility has the potential to be expanded to $100 million, depending on lender participation and available borrowing base [1] Company Overview - Advanced Flower Capital Inc. is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. [3] - The company specializes in originating, structuring, and underwriting loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value, and cash flows [3] - AFC is based in West Palm Beach, Florida, and leverages a deep network and significant expertise in credit and cannabis to execute its investment strategy [3]