CapitalNow Increases Working Capital Facility to $1.5MM for Cannabis Company

Written By Heather Villa

CapitalNow Cannabis increased a working capital credit facility from $500,000 to $1.5 million for a multi-provincial cannabis company.

The company owns and operates a medical cannabis online marketplace where patients can access cannabis products. The platform allows craft cannabis and micro cultivators/growers to bring their products to market. The company is using CapitalNow Cannabis’ factoring services to stay ahead of excise taxes, keep up with market demand and make payroll.

Heather Villa
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