FundCanna recently closed a senior credit facility with an alternative investment manager, providing the company with up to $60 million of availability. Bryant Park Capital, a middle-market investment bank, served as exclusive financial advisor to FundCanna in connection with the transaction.
“This facility marks an important milestone for FundCanna as we continue scaling our platform and expanding our capital solutions across the cannabis industry,” Adam Stettner, CEO of FundCanna, said. “Bryant Park Capital’s deep experience advising specialty finance companies and understanding of complex lending platforms was extremely valuable throughout the process. Their team helped us navigate a dynamic financing market, and we’re excited about what this transaction enables us to accomplish going forward.”
