KushCo Holdings Inc (OTCQX:KSHB) CFO Stephen Christoffersen and XS Financial Inc (CSE:XSF) (OTCQB:XSHLF) CEO David Kivitz tell Proactive investee company XS Financial has entered into an agreement to provide Columbia Care (NEO:CCHW ) (OTCQX:CCHWF) (FRA:3LP) with an equipment lease facility of up to US$5.0 million to purchase new equipment.
XS Financial, in which KushCo Holdings has an around 19% equity interest, is a specialty finance company that provides scalable equipment leasing solutions to cannabis and hemp companies in the US. KushCo formed a partnership and invested in XS Financial in January 2020.
