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Pelorus Equity Group Completes Us$15.8 Million Debt Financing Arrangement With Transcanna

Pelorus Equity Group Completes Us$15.8 Million Debt Financing Arrangement With Transcanna

08/02/22, 11:04 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnewport beach
Money raised
$15.8 million
Pelorus Equity Group (“Pelorus,” or “the Company”), the leading provider of commercial real estate loans for the cannabis sector, is pleased to announce the closing of its US$15.8M debt financing agreement (the “Loan”) with TransCanna Holdings Inc. (“TransCanna”). The Loan proceeds will be used to refinance and develop TransCanna’s California facility, as well as for construction costs, and the payment of interest on existing debt. “Successfully sourcing exciting investment opportunities with the cannabis industry’s leading companies is what sets Pelorus apart,” said Dan Leimel, CEO of Pelorus Equity Group and manager of the Pelorus Fund

Company Info

Company
TransCanna
Location
newport beach, california, united states
Additional Info
TransCanna Holdings Inc. is a California based, Canadian listed company building Cannabis-focused brands for the California lifestyle, through its wholly-owned California subsidiaries. For further information, please visit the Company's website at www.transcanna.com or email the Company at info@transcanna.com.