XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced receipt of its delayed draw of $10 million. The aggregate principal amount of the unsecured convertible notes financing was $43.5 million, of which $33.5 million was funded at closing on Nov. 1, 2021. The financing was led by a large institutional investor, with additional participation from strategic partners including urban-gro, Landrace Financial, Bengal Capital and KEY Investment Partners.