nFusion Capital provided a $5 million asset based lending facility to private equity-backed distributor of plant cultivation equipment and supplies. The financing will support continued growth amid tightening credit conditions within cannabis-adjacent sectors.

Based in Arizona, the Company serves the legal cannabis industry, as well as hobbyist and small-scale growers. Its product portfolio includes every type of equipment needed to grow cannabis: hydroponic systems, soil, grow kits, containers, nutrients, lighting and cultivation tools. The Company sells through e-commerce and retail locations including local farmers, marketing both private-label brands as well as a variety of established third-party brands.

With the U.S. cannabis market softening and as part of a broader reduction in exposure to cannabis-related industries, the Company’s bank elected to exit the relationship despite the Company’s ongoing performance. A referral source directed the private equity firm to nFusion Capital, whose experience in both the distribution and cannabis industries enabled the rapid structuring of a new $5 million senior secured asset based facility providing immediate liquidity and long-term financing flexibility.

“What makes this deal special is not just the structure — it’s the new partnership at an important inflection point for the business,” said Alexandra Scoggin, nFusion Capital Senior Executive Vice President. “I’m grateful to be working with a new private equity firm and supporting a business that is ready to scale. When the right capital meets the right team, growth accelerates.”

The new facility positions the Company to execute its growth strategy with consistent access to working capital and a financing partner aligned with the operational realities of cannabis-adjacent distribution businesses