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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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 $15 million line of credit (Credit Facility) with bank lenders. Loans made...
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September 21, 2023, 07:00 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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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 with PharmaCann Inc., for $7.6 million.PharmaCann continues to...
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August 08, 2023, 07:05 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., an equipment finance company to the cannabis industry in the United States, announced its expansion into the broader market by extending its financing services to non-cannabis companies. XS Financial aims to utilize its expertise...
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May 17, 2023, 07:20 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 customized debt solutions for the middle-market cannabis industry, announced Peter Gladish has joined the organization as a Senior Originator. Gladish will be based out of SLMC’s West Palm...
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April 12, 2023, 07:23 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 Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced Justin Vuong has been named Chief Financial Officer (CFO) effective June 1. Vuong succeeds XS...
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March 31, 2023, 07:13 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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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 an upsized $39 million line of credit with Needham Bank increasing its...
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December 28, 2022, 07:20 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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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)...
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November 16, 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 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 Stephen Christoffersen has been appointed as Chief Financial Officer, replacing Nelson...
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August 18, 2022, 07:18 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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Flower One Holdings Inc., a cannabis cultivator and producer in Nevada, announced its advancements with its ongoing restructuring, including the restructuring of its term debt and to its master lease. “This debt restructuring is a major step in our...
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July 05, 2022, 07:20 AM
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JDR Solutions Inc., a provider of third-party transaction servicing and infrastructure to the specialty finance industry, announced Sweet Leaf Madison Capital, an asset-based lender in the cannabis industry, has gone live on JDR’s third-party...
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June 15, 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 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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XS Financial, a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced that the company's syndication desk has completed over $5.0 million of lease participations. Syndication provides XS...
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August 18, 2021, 07:30 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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Utica Leaseco, LLC announced the completion of two transactions totaling $2.2 million during the week of July 12-16.Utica Leaseco and its cannabis industry partner completed a financing of $1,500,000 secured by real estate and equipment to a cannabis...
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July 19, 2021, 07:20 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 in the United States, announced Nelson Lamb has been appointed as Chief Financial Officer, replacing Joe Fazzini.Lamb is an accomplished finance executive...
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March 29, 2021, 07:22 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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SLIM Capital, located in Beverly Hills, CA, reported 2020 as a record year of continued growth. CEO Shervin Rashti is pleased with how 2020 ended up and feels confident that there will be tremendous growth and stability in the year 2021.“Despite a...
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January 21, 2021, 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, 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. a specialty finance company engaged in equipment leasing in the United States, announced it is in the process of changing its name to XS Financial Inc., along with a new ticker symbol of XSF. The name change does not...
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June 16, 2020, 07:20 AM
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Tiger Group is liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of Cannabidiol (CBD) products, with a range of value-add uses in the cannabis and biopharma...
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May 28, 2020, 07:05 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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Cannabis financial technology firm Abaca has added Vince Laborde, Sean Russell and Mara Williams to its team. Abaca, based in North Little Rock, AR, enables traditional banking services for the majority of the legal Arkansas cannabis industry, as...
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April 28, 2020, 07:10 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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Xtraction Services (XS) announced the launch of its equipment sale-leaseback program, providing existing oil processors the opportunity to unlock additional working capital without any interruptions to production. XS is an equipment leasing and...
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August 15, 2019, 07:20 AM
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TriGrow Systems announced the addition of a Term Loan product through TriGrow Capital, a division that helps leading operators finance the growth of their businesses through both capital and technology resources.This division aims to address some of...
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July 24, 2019, 07:15 AM
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TriGrow Systems announced the launch of TriGrow Capital, a division that will help leading operators finance the growth of their businesses through both capital and technology resources. The new venture aims to solve some of the funding and growth...
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July 19, 2019, 07:30 AM
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Flower One Holdings Inc. announced it has entered into a Master Lease Agreement with Reich Bros Commercial Finance, for up to $30 million in lease financing for equipment at its 455,000-square-foot greenhouse and production facility in North Las...
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February 12, 2019, 07:20 AM
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Nutritional High International Inc. announced it received a $2 million conditional lease commitment for the funding of new extraction and lab processing equipment from Veterans Capital Corp. or its assignee (the Lender).The company intends to use the...
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July 16, 2018, 07:12 AM
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Mountain High Acquisitions Corp. (OTCQB: MYHI) announced that together with D9 Manufacturing, Inc. it is launching a pilot project aimed at providing a turnkey infrastructure model MYHI intends to roll out in highly promising cannabis markets such as...
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July 10, 2017, 07:14 AM
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Indoor Harvest Corp, through its brand name Indoor Harvest®, is a full service, state of the art design-build engineering firm for the indoor and vertical farming industry. The Company is pleased to announce the release of its high efficiency...
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January 26, 2016, 07:30 AM
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