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Published on 4/8/2024 in the Prospect News Private Placement Daily.

Nova Farms gets $20 million secured financing via Chicago Atlantic

By Wendy Van Sickle

Columbus, Ohio, April 8 – Nova Farms received $20 million in senior secured financing from Chicago Atlantic, according to a news release.

The capital investment will support Nova Farms’ efforts to expand its footprint of cannabis dispensaries in key states, including New Jersey and Connecticut.

Based in Attleboro, Mass., Nova Farms is a fully integrated cannabis operator managing a Massachusetts cultivation farm, seven retail brands and five full-service dispensaries across Massachusetts, Maine and New Jersey.


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