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

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