XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has amended and upsized its current $54 million line of credit with Needham Bank to $70 million. Loans made under...
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June 07, 2024, 07:05 AM
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Trulieve Cannabis Corp. announced the closing of a commercial loan secured by a cultivation site in Florida for aggregate gross proceeds of $25 million. Trulieve will pay interest at a fixed rate of 8.31 percent for the duration of the five-year loan...
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December 28, 2023, 07:00 AM
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Shield Compliance, a compliance management platform for cannabis banking, released the findings of a survey of licensed cannabis operators regarding their satisfaction with the banking partners, products, and services available to them. While most...
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November 10, 2023, 07:10 AM
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Andrew J. Kaye, a Founding Executive and Chief Commercial Officer of Sweet Leaf Madison Capital (SLMC), has been named an honoree in Green Market Report’s inaugural Notable Leaders in Cannabis designation for 2023. Honorees were selected by a panel...
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September 27, 2023, 06:48 AM
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Sweet Leaf Madison Capital (SLMC), a nationwide provider of customized debt solutions for the middle-market cannabis industry, was named “Top Lender” in the 2023 Green Market Report Cannabis Financial Awards, which recognize exceptional achievements...
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August 10, 2023, 07:15 AM
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Sweet Leaf Madison Capital (SLMC), a nationwide provider of customized debt solutions for the middle-market cannabis industry, has announced it is providing Gold Leaf Florida LLC with financing for a major purchase of horticultural LED lighting...
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May 18, 2023, 07:12 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Northeast Alternatives, Inc. (NEA), a vertically...
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May 03, 2023, 07:15 AM
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Sweet Leaf Madison Capital (SLMC), a nationwide provider of tailored debt financing solutions in real estate, equipment and senior secured working capital for the compliant middle-market cannabis industry, announced the closing of a new $100 million...
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April 03, 2023, 07:10 AM
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XS Financial, a specialty finance company providing equipment financing solutions to cannabis companies in the United States, announced the following updates as of the year ended December 31, 2021. All amounts are expressed in U.S. dollars.Advancing...
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February 02, 2023, 07:20 AM
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XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, entered into a new lease facility with Aeriz Holdings Corp ("Aeriz"), an aeroponic cannabis cultivator with a...
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January 31, 2023, 07:25 AM
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Sweet Leaf Madison Capital (SLMC), a nationwide provider of customized debt solutions for the middle-market cannabis industry, announced it has provided Cultio a loan of $116,000 for equipment purchases.Founded and operated by Derek M. Chaney and...
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January 24, 2023, 07:00 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing to cannabis companies in the United States, announced it has entered into a new lease agreement with Curaleaf Holdings Inc., which currently operates in 21 states...
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January 10, 2023, 07:17 AM
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Trulieve Cannabis closed a commercial loan secured by a cultivation and manufacturing site in Florida for aggregate gross proceeds of $71.5 million. Trulieve will pay interest at a fixed rate of 7.53% for the duration of the five-year loan. Lenders...
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December 27, 2022, 07:05 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has upsized its lease facility with PharmaCann Inc. up to $30 million.Patrick Unzicker, Chief...
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December 13, 2022, 07:15 AM
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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...
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October 12, 2022, 07:00 AM
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Sweet Leaf Madison Capital (SLMC), a nationwide provider of tailored debt financing solutions for the middle-market cannabis industry, announced the closing of a loan for $207,000 to Koach Enterprises, a cannabis startup in California creating a high...
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October 06, 2022, 07:00 AM
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Sweet Leaf Madison Capital (SLMC), a nationwide provider of tailored debt financing solutions for the middle-market cannabis industry, announced the closing of a loan for more than $600,000 to Harvest Care Medical, a West Virginia-based company...
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September 28, 2022, 07:11 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Connected International Inc., a vertically...
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September 14, 2022, 07:17 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has provided a $15 million lease facility to Ascend Wellness Holdings, Inc. (AWH), a multi-state...
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September 09, 2022, 07:11 AM
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Sweet Leaf Madison Capital, a nationwide provider of customized debt solutions for the cannabis industry, announced the closing of an equipment loan for over $700,000 for Claybourne Co., a California-based cannabis company producing several of the...
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August 30, 2022, 07:10 AM
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Needham Bank announced it has closed a cannabis business loan to Bostica, LLC, a premium cannabis cultivator and manufacturer of cannabis products.Bostica will use the financing to complete the construction of their 60,000-square-foot cannabis...
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August 26, 2022, 07:05 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new $24 million line of credit (Credit Facility) with Needham Bank committing...
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August 19, 2022, 07:12 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Green Dragon / Eaze, a vertically integrated...
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August 04, 2022, 07:09 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Temescal Wellness, a Massachusetts operator with...
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June 08, 2022, 07:22 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has upsized its lease facility with Ayr Wellness up to $37.4 Million including an immediate...
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May 10, 2022, 07:15 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with a multi-state operator with locations in multiple states...
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March 09, 2022, 07:13 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with LivWell Enlightened Health. LivWell is a vertically...
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February 28, 2022, 07:10 AM
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XS Financial Inc. announce it has completed its previously announced private placement of unsecured convertible notes in the aggregate principal amount of $43.5 million, of which $33.5 million will be funded at closing and $10 million is available on...
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November 05, 2021, 07:15 AM
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XS Financial Inc., a specialty finance company providing CAPEX financing solutions including equipment leasing to cannabis companies in the United States, and urban-gro, Inc., a fully integrated architectural, engineering and cultivation systems...
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October 06, 2021, 07:09 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced that a newly formed wholly owned subsidiary, incorporated as a special purpose vehicle for the purpose of...
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September 29, 2021, 07:14 AM
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Alternative Finance Network (AFN), an independent financing network serving cannabis and hemp companies, announced it has arranged a $10 million revolving credit facility for Jupiter Research, LLC, a subsidiary of TILT Holdings Inc. TILT now has...
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August 05, 2021, 07:11 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced the company has upsized Ayr Wellness’ equipment lease facility from $5.3 million, as previously announced Nov....
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July 22, 2021, 07:18 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced it has doubled its revolving credit facility from $2 million to $4 million, with an FDIC insured bank, which...
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July 19, 2021, 07:05 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with a large scale, vertically integrated multi-state operator. The...
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June 29, 2021, 07:13 AM
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XS Financial Inc. announced Columbia Care has fully drawn on its initial facility announced on December 3, 2020 and, XSF has now upsized its total commitment to $20 million. Columbia Care is one of the largest and most experienced cultivators...
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May 04, 2021, 07:18 AM
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XS Financial Inc., an equipment finance and leasing company serving cannabis and hemp companies in the United States, announced it recently advanced approximately $936,000 to Ayr Wellness (Ayr) for equipment to be deployed in Massachusetts. This...
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April 06, 2021, 07:00 AM
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XS Financial Inc., an equipment finance and leasing company serving cannabis and hemp companies, announced the company has launched its syndication platform, which will provide XS Financial with a broad range of non-dilutive financing options.The...
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March 02, 2021, 07:00 AM
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XS Financial Inc., an equipment finance and leasing company serving cannabis and hemp companies in the United States, announced the company has advanced approximately $3.2 million to Columbia Care Inc. representing Columbia Care's first and second...
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February 02, 2021, 07:05 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announce it has provided additional financing to PharmaCann Inc., increasing the $3.4 million lease...
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December 30, 2020, 07:20 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with Columbia Care, one of the largest and most...
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December 04, 2020, 07:15 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis and hemp companies in the United States, announced it has successfully closed a $2 million senior secured revolving credit facility, with an FDIC insured...
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November 30, 2020, 07:05 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with a large scale, vertically integrated multi-state...
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November 03, 2020, 07:07 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with Skymint Brands (formerly known as Green Peak...
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October 16, 2020, 07:08 AM
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Neutra Corporation subsidiary VIVIS has completed a deal with an Edmond, OK, cannabis company to lease production equipment as well as supply consulting services to help it build a testing lab. The move is the successful culmination of a letter of...
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October 06, 2020, 07:05 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing to owner-operators of cannabis and hemp companies in the United States, announced PharmaCann Inc., one of the nation’s largest privately held cannabis companies, continues to...
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August 28, 2020, 07:10 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing to owner operators of cannabis and hemp companies in the United States, provided a corporate update highlighting some recent cost optimizations to improve bottom-line...
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August 18, 2020, 07:18 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing, announced PharmaCann Inc., one of the largest privately held and vertically integrated cannabis companies, based in Chicago, IL, continues to draw down on its lease amount....
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July 10, 2020, 07:00 AM
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Xtraction Services Holding Corp. (XS), a specialty finance company engaged in equipment leasing, announced two new lease agreements with Carolina Botanical Development LLC (CBD LLC), a USDA organic certified cannabidiol extraction company based in...
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June 24, 2020, 07:11 AM
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Xtraction Services Holding Corp. (XS), a specialty finance company engaged in equipment leasing, announced it entered into a lease agreement with PharmaCann Inc., one of the largest privately held and vertically integrated cannabis companies...
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May 13, 2020, 07:26 AM
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Osoyoos Cannabis Inc. announced the Company has entered into an equipment lease and a joint-venture agreement with 2623942 Ontario Limited (the Licensed Producer). The company also provided a corporate update.The licensed producer is a private...
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April 24, 2020, 07:12 AM
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KushCo Holdings, Inc., a producer of ancillary products and services to the legal cannabis and CBD industries, has partnered with Xtraction Services Holding Corp. to offer equipment financing to KushCo's network of thousands of compliant cannabis and...
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February 03, 2020, 07:26 AM
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National Business Capital & Services, announced the release of an industry-leading CannaBusiness Financing Solution.The CannaBusiness Financing Solution will empower ambitious cannabis entrepreneurs in the fast-growing $10 billion industry to access...
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October 24, 2019, 07:32 AM
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