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Chicago Atlantic BDCยทNASDAQ
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LIEN Profile

Chicago Atlantic Bdc, Inc.

A specialty finance company that provides direct loans to cannabis companies

Financial services
01/25/2021
02/04/2022
NASDAQ Stock Exchange
0
12-31
Common stock
600 Madison Avenue, Suite 1800, New York, NY 10022
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Chicago Atlantic BDC, Inc., was incorporated in Maryland on January 25, 2021. They are a newly established specialty finance company that aims to invest in the entire cannabis ecosystem by providing direct loans and equity to private cannabis companies. Their investment objective is a risk-adjusted rate of return that maximizes shareholder returns. They will seek to capitalize on what they see as the nascent cannabis industry and drive equity returns by generating current income from debt investments and capital appreciation from equity and equity-related investments.