Sweet Leaf Madison Capital funds Koach Enterprises in the development of a premium cannabis brand | Nation/World
DENVER, Oct. 04, 2022 (GLOBE NEWSWIRE) — Sweet Leaf Madison Capital (SLMC), a national provider of tailored debt financing solutions for the middle-market cannabis industry, today announced the closing of a $207,000 loan to Koach Enterprises, a California cannabis startup building a premium brand through vertical integration. The funds will be used to purchase energy-efficient premium LED grow lights from Spectrum King LED.
“Koach Enterprises is led by a very successful business owner with a proven track record of starting and running profitable business ventures,” said Sean O’Brien, vice president of origins at SLMC. “We are pleased to finance their purchase of Spectrum King LED lights during the first phase of their construction, and we look forward to growing with them as they continue to expand.”
Spectrum King LED, part of Sweet Leaf Madison Capital’s Preferred Supplier Program, originally approached SLMC to create an equipment loan for Koach Enterprises. Koach Enterprises will use Spectrum King LED lighting in all aspects of their cannabis cultivation. Ultimately, their goal is to create a specialty cannabis brand, and this is an important first step in that process.
About Sweet Leaf Madison Capital
Sweet Leaf Madison Capital provides customized, “start-to-sale”, asset-based lending solutions to the cannabis industry’s underserved middle market by creating equipment financing, real estate loans and home loans. senior guaranteed terms. The company is based in Denver with offices in New York and West Palm Beach. To learn more, visit Sweet Leaf Madison Capital online or continue the conversation on LinkedIn.
Contact person: Jim Dissett
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