Acreage Holdings, Inc. announced that on April 28, 2023, Acreage Holdings, Inc. entered into a second amendment to its previously disclosed credit facility with AFC Gamma, Inc., Viridescent Realty Trust, Inc. and the other lender thereto originally dated December 16, 2021. Under the terms of the Amendment, the Company exercised USD 15 million for immediate draw, with such funds maintained in a segregated account until dispersed and restricted for use to only eligible capital expenditures. As part of the Amendment, the Company has agreed to, among other things, reduce the total commitment under the Credit Facility from USD 150 million to USD 140 million.
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