Sweet Leaf Madison Capital (SLMC), a nationwide provider of tailored debt financing solutions in real estate, equipment and senior secured working capital for the compliant middle-market cannabis industry, closed a $100 million debt facility. A New York-based global institutional special situations asset manager will be providing $100 million of financing. Both parties will have an option to evaluate the progress and increase the debt facility to $200 million.
Bryant Park Capital, a FINRA-registered investment bank that provides mergers and acquisitions, debt, equity, and corporate advisory services to its clients in the middle‐market, served as SLMC’s exclusive financial advisor and was integral in this transaction.
“This infusion of capital is a strong show of confidence in cannabis debt financing, as well as in Sweet Leaf Madison’s approach to working in this highly regulated and fragmented industry,” Bryan Gordon, chairman and CEO of SLMC, said. “The opportunity to help businesses from ‘seed-to-sale’ achieve their potential is what drives everyone at SLMC, and we look forward to working with more companies to fund their growth and the growth of the industry.”
