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Los Angeles Finance Co. Achieves Record Q3 Performance, Generates $209.6M, Eyes Strategic Growth In 2024
Tuesday, November 28, 2023 - 7:16pm | 516XS Financial Inc. (CSE: XSF) (OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the U.S. reported robust financial performance for Q3 ending September 30th, 2023. All figures are in U.S. dollars unless otherwise noted. See...
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XS Financial Touts 140% YoY Increase In Revenue Despite Cannabis Industry Slowdown
Tuesday, April 25, 2023 - 5:53pm | 553XS Financial Inc. (CSE: XSF) (OTCQB: XSHLF) released earnings for the fourth quarter and fiscal year ended December 31, 2022. The specialty finance company, which is dedicated to U.S.-based cannabis companies, had "a transformational year," according to CEO David Kivitz. "We had...
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XS Financial Board And Management Voluntarily Forfeit Over 25M Options
Monday, March 20, 2023 - 8:53am | 297XS Financial Inc. (OTCQB: XSHLF) (CSE:XSF), a specialty finance company providing CAPEX equipment financing solutions to cannabis companies in the United States, has canceled a total of 25 million stock options granted to certain officers, directors, and employees of the company. The option holders...
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XS Financial Enters Into Upsized $39M Credit Facility With Needham Bank
Thursday, December 22, 2022 - 4:43pm | 509XS Financial Inc.(CSE: XSF)(OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to US cannabis companies which recently reported its 3Q financial results, announced that it has entered into an upsized $39 million line of credit with Needham Bank....
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XS Financial's Q3 Report Shows Consistent Growth With 108% YoY Increase In Revenue
Monday, November 28, 2022 - 7:08pm | 335XS Financial Inc. (CSE: XSF) (OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to US cannabis companies reported its financial results late Monday for the third quarter ended September 30, 2022. "During the third quarter, we achieved...
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XS Financial Provides A $15M CAPEX Lease Facility To Ascend Wellness Holdings
Thursday, September 8, 2022 - 8:06am | 439XS 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,...
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XS Financial Closes $24M Credit Line With Needham Bank
Thursday, August 18, 2022 - 10:56am | 414XS Financial Inc. (OTCQB: XSHLF) (CSE:XSF) a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has entered into a new $24 million line of credit with Needham Bank committing $20 million and acting as the administrative agent. XS...
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XS Financial Provides A $15M CAPEX Lease Facility To Green Dragon / Eaze
Monday, July 25, 2022 - 9:40am | 372XS Financial Inc. (CSE:XSF) (OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has entered into a new lease agreement with Green Dragon, a vertically integrated multi-state operator and Eaze, a cannabis delivery...
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Ayr Wellness Announces $37.4 Million Upsized CAPEX Facility From XS Financial
Monday, May 9, 2022 - 12:03pm | 349XS Financial Inc. (CSE:XSF)(OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has upsized its lease facility with Ayr Wellness (CSE:AYR.A)(OTCQX: AYRWF) up to $37.4 million including an immediate drawdown...
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XS Financial Provides $1M Equipment Lease Facility To Multi-State Cannabis Operator
Tuesday, March 8, 2022 - 1:06pm | 160XS Financial Inc. (OTCQB: XSHLF) (CSE: XSF) a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has entered into a lease agreement with a leading multi-state operator with locations in multiple states. The operator has been...
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XS Financial Raises $43.5M For Cannabis Equipment & Growing Pipeline Of Nationwide Operators
Tuesday, November 2, 2021 - 12:06pm | 696Cannabis-focused specialty finance company XS Financial Inc. (CSE: XSF) has raised $43.5 million via its previously announced private placement of unsecured convertible notes. Transaction Details Based in Los Angeles, the company said Monday that it has closed the transaction. In addition, $33.5...
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urban-gro's Stock Up On Launch Of Financial Services Division & And Partnership With XS Financial
Tuesday, October 5, 2021 - 2:18pm | 390Cannabis-focused engineering design and services company urban-gro, Inc. (NASDAQ: UGRO) disclosed Tuesday that it has launched its financial services division and entered into a strategic agreement with the cannabis-focused specialty finance company XS Financial to provide its clients with CAPEX...