KEY Investment Partners Announces Launch of Cannabis Credit Offering, Closes Senior Credit Facility

Private markets investment firm expands financing solutions across private equity and private debt

DENVER, Sept. 03, 2024 (GLOBE NEWSWIRE) -- KEY Investment Partners today announced it has established a new cannabis credit offering, providing growth capital to cannabis businesses from a trusted source with in-depth knowledge of the industry. In addition, KEY announced the closing of a senior credit facility with The Dispensary, an Illinois cannabis operator seeking to grow its retail footprint and expand its craft cultivation capabilities.

Co-founded in 2015 by Dan Dolan and his son Kevin, The Dispensary is a medical and adult-use cannabis operator in Illinois. The company currently has one medical/adult-use dispensary located in Fulton, and two solely adult-use dispensaries located in East Dubuque and Champaign. The Dispensary sells cannabis products over all of the core product categories like: flower, pre-rolls, concentrates, vapes, edibles, topicals, and tinctures.

"The Dolan family has become one of the strongest cannabis operators in the state of Illinois and KEY ...