Sweet Leaf Madison Capitol closes $100MM debt facility
DENVER – Sweet Leaf Madison Capital (“SLMC” or “Sweet Leaf Madison”), a nationwide provider of tailored debt financing solutions in real estate, equipment and senior secured working capital for the compliant middle-market cannabis industry, today announced the closing of a new $100MM debt facility. A prominent New York-based global institutional special situations asset manager will be providing $100MM of financing, making SLMC one of the best-financed asset-based lenders to small- and medium-sized enterprises in the cannabis industry. Both parties will have an option to evaluate the progress and increase the debt facility to $200MM. “This infusion of capital is a strong show of confidence in cannabis debt financing, as well as in Sweet Leaf Madison’s approach to working in this highly regulated and fragmented industry,” said Bryan Gordon, Chairman and CEO of SLMC. “The opportunity to help businesses from ‘seed-to-sale’ achieve their potential is what drives everyone at SLMC, and...