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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1500萬美元的租賃設施。(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1500萬美元的資本支出租賃設施購買新設備,租期長達60個月。該設施將用於馬薩諸塞州、伊利諾伊州和新澤西州的種植、製造和加工設備。
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."
大衞·基維茨我們很高興能與Ascend Wellness合作,Ascend Wellness是大麻行業領先的跨州運營商之一。Ascend在眾多有吸引力的成長型市場運營,擁有有意義的資本支出和設備需求,我們很高興能通過這一初始的、具有競爭力的租賃設施支持他們的增長。這筆交易體現了我們的戰略重點,即與主要的大麻運營商合作支持他們的增長,導致更大的租賃協議和潛在的重複業務。我們相信這只是與Ascend長期互利關係的開始。
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.
關於Ascend Wellness Holdings
AWH是一家垂直整合的多州大麻運營商,在伊利諾伊州、密歇根州、俄亥俄州、馬薩諸塞州、新澤西州和賓夕法尼亞州擁有許可證和資產。AWH擁有並運營種植設施,為零售和批發客户生產精選的產品。AWH生產和分銷其內部簡單的草藥、臭氧和臭氧保護區品牌產品。
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.
關於XS Financial
XS Financial成立於2017年,專門為美國的大麻公司提供CAPEX融資解決方案,包括種植者、加工商、製造商和測試實驗室。此外,XSF還通過其首選供應商合作伙伴網絡與250多家原始設備製造商(OEM)建立了合作伙伴關係。
Photo by Giorgio Trovato on Unsplash
Giorgio Trovato在Unspash上的照片
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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., 是關聯公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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