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XS Financial Provides A $15M CAPEX Lease Facility To Ascend Wellness Holdings
XS Financial Provides A $15M CAPEX Lease Facility To Ascend Wellness Holdings
XS Financial Inc. (OTCQB:XSHLF), (CSE:XSF) has provided a $15 million lease facility to Ascend Wellness Holdings, Inc. (OTCQX:AAWH)
AWH has been approved for a $15 million CAPEX lease facility to purchase new equipment with up to 60-month terms. This facility will be used for cultivation, manufacturing and processing equipment across Massachusetts, Illinois, and New Jersey.
David Kivitz, CEO of XS Financial stated: "We are excited to be working with Ascend Wellness, one of the leading multi-state operators in the cannabis industry. Ascend operates with a significant footprint in numerous attractive growth markets, with meaningful CAPEX and equipment needs, and we are excited to support their growth through this initial, competitively priced lease facility. This transaction exemplifies our strategic focus to collaborate with premier cannabis operators to support their growth, resulting in larger leasing agreements and the potential for repeat business. We believe this is just the start of a long term, mutually beneficial relationship with Ascend."
About Ascend Wellness Holdings
AWH is a vertically integrated multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, and Pennsylvania. AWH owns and operates cultivation facilities, producing a curated selection of products for retail and wholesale customers. AWH produces and distributes its in-house Simply Herb, Ozone, and Ozone Reserve branded products.
About XS Financial
Founded in 2017, XS Financial specializes in providing CAPEX financing solutions to cannabis companies in the United States, including cultivators, processors, manufacturers and testing laboratories. In addition, XSF has partnered with over 250 original equipment manufacturers (OEM) through its network of preferred vendor partnerships.
Photo by Giorgio Trovato on Unsplash
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XS Financial Inc. (OTCQB:XSHLF), (CSE:XSF) has provided a $15 million lease facility to Ascend Wellness Holdings, Inc. (OTCQX:AAWH)
XS金融公司(OTCQB:XSHLF),(CSE:XSF)有向Ascend Wellness Holdings,Inc.提供了1500万美元的租赁设施。(OTCQX:AAWH)
AWH has been approved for a $15 million CAPEX lease facility to purchase new equipment with up to 60-month terms. This facility will be used for cultivation, manufacturing and processing equipment across Massachusetts, Illinois, and New Jersey.
AWH公司已被批准以1500万美元的资本支出租赁设施购买新设备,租期长达60个月。该设施将用于马萨诸塞州、伊利诺伊州和新泽西州的种植、制造和加工设备。
David Kivitz, CEO of XS Financial stated: "We are excited to be working with Ascend Wellness, one of the leading multi-state operators in the cannabis industry. Ascend operates with a significant footprint in numerous attractive growth markets, with meaningful CAPEX and equipment needs, and we are excited to support their growth through this initial, competitively priced lease facility. This transaction exemplifies our strategic focus to collaborate with premier cannabis operators to support their growth, resulting in larger leasing agreements and the potential for repeat business. We believe this is just the start of a long term, mutually beneficial relationship with Ascend."
大卫·基维茨我们很高兴能与Ascend Wellness合作,Ascend Wellness是大麻行业领先的跨州运营商之一。Ascend在众多有吸引力的成长型市场运营,拥有有意义的资本支出和设备需求,我们很高兴能通过这一初始的、具有竞争力的租赁设施支持他们的增长。这笔交易体现了我们的战略重点,即与主要的大麻运营商合作支持他们的增长,导致更大的租赁协议和潜在的重复业务。我们相信这只是与Ascend长期互利关系的开始。
About Ascend Wellness Holdings
AWH is a vertically integrated multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, and Pennsylvania. AWH owns and operates cultivation facilities, producing a curated selection of products for retail and wholesale customers. AWH produces and distributes its in-house Simply Herb, Ozone, and Ozone Reserve branded products.
关于Ascend Wellness Holdings
AWH是一家垂直整合的多州大麻运营商,在伊利诺伊州、密歇根州、俄亥俄州、马萨诸塞州、新泽西州和宾夕法尼亚州拥有许可证和资产。AWH拥有并运营种植设施,为零售和批发客户生产精选的产品。AWH生产和分销其内部简单的草药、臭氧和臭氧保护区品牌产品。
About XS Financial
Founded in 2017, XS Financial specializes in providing CAPEX financing solutions to cannabis companies in the United States, including cultivators, processors, manufacturers and testing laboratories. In addition, XSF has partnered with over 250 original equipment manufacturers (OEM) through its network of preferred vendor partnerships.
关于XS Financial
XS Financial成立于2017年,专门为美国的大麻公司提供CAPEX融资解决方案,包括种植者、加工商、制造商和测试实验室。此外,XSF还通过其首选供应商合作伙伴网络与250多家原始设备制造商(OEM)建立了合作伙伴关系。
Photo by Giorgio Trovato on Unsplash
Giorgio Trovato在Unspash上的照片
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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