Sweet Leaf Madison Capital (SLMC), a nationwide provider of tailored debt financing solutions for the middle-market compliant cannabis industry, has added Dual Draft to its preferred vendor program. A division of Integrated Hydro Solutions (IHS), Dual Draft focuses on innovative and proprietary airflow and drainage systems for controlled environment agriculture and cannabis cultivation operations.

Through SLMC’s lending platform, preferred vendors are able to provide their customers with a source of competitive, non-dilutive financing to fund expensive purchases of equipment or facilities, allowing those clients to spread their capital across a broader range of business needs. SLMC’s preferred vendor program helps participating vendors gain a competitive advantage by increasing the velocity of their sales.

“SLMC is pleased to be working with Dual Draft, an innovative cultivation technology company, to support their growth in the cannabis market,” said Andrew Kaye, Chief Marketing Officer.” Our vendor program is a win-win-win proposition for the vendor, who gets increased sales; the borrower, who gets a lower cost of capital; and Sweet Leaf Madison that can originate additional loan volume to targeted equipment buyers.”

By joining the preferred vendor program, the Dual Draft team has the opportunity to deepen their relationships with their clients and expand the scope of their own operations. “This relationship comes at a pivotal point for Dual Draft and the Industry as a whole,” said Mark Doherty, Chief Operating Officer of Dual Draft. “Working with SLMC allows us to offer the equipment and capital necessary for cultivators to improve efficiency and economic outcomes in a time of severe price compression – just when it is needed most.”