Utica Leaseco completed two transactions for hemp companies totaling $900,000.

Brief details of the transactions are:

• $400,000 true lease secured by machinery and equipment to a hemp processing company located in California. Utica provided the working capital for this company to expand and grow operations.
• $500,000 capital lease secured by machinery and equipment to a hemp processing company located in Kentucky. Utica provided the working capital for this company for a new purchase.