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FarmaceuticalRX gets $21 million credit facility through AFC Gamma
By Devika Patel
Knoxville, Tenn., April 6 – FarmaceuticalRX has secured a $21 million credit facility, according to a press release from lender AFC Gamma, Inc.
Proceeds will be used to purchase and complete the buildout of the company’s planned 120,000 square foot class 1 cultivation and processing facility and acquire the building housing its nearby dispensary operations in East Liverpool, Ohio.
The medical marijuana company is based in Farrell, Pa.
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