Pelorus Capital Group marks debt upgrade milestone for cannabis finance sector

 Pelorus Capital Group marks debt upgrade milestone for cannabis finance sector

Newport Beach, Calif.-based lender in the cannabis space wins debt upgrade from Egan-Jones for a $50 million bond offering it initially floated in 2021.

Pelorus Capital Group has received what it described as the highest debt rating in the cannabis lending space with an upgrade by two notches to A from Egan-Jones on its $50 million bond, MarketWatch …