In a key development for the regulated cannabis sector, Pelorus Capital Group has announced that its 7% senior secured notes have achieved an "A" institutional rating, the highest ever seen in the cannabis industry. This unprecedented rating was given by Egan-Jones Rating Company, a prestigious and internationally recognized credit rating agency, and is seen as an endorsement of Pelorus' financial health and growth.

Pelorus Capital Group, a data-driven provider of commercial real estate loans for the regulated cannabis industry, had issued $50 million in aggregate principal amount of these notes through its subsidiary, the Pelorus Fund REIT, LLC. The notes, due September 26, 2026, were previously unsecured when issued in 2021 …

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