Safe Harbor Financial, a provider of financial services and credit facilities to the regulated cannabis industry, closed a $500,000 loan to PI 51st Avenue, a subsidiary of Pioneer Interests, d/b/a Natty Rems.
This loan, offered under the Cannabis Resource Optimization Program (CROP) and facilitated through partnerships with the Collective Clean Energy Fund (CCEF) and Partner Colorado Credit Union (PCCU), is designed to support energy-efficient upgrades at PI 51st Avenue’s cultivation and processing facility in Denver, CO.
“Through partnerships like these, Safe Harbor Financial is leading the way in providing cannabis businesses with tailored financing solutions that promote both industry growth and sustainability,” Sundie Seefried, CEO of Safe Harbor Financial, said. “Our collaboration with CCEF and PCCU exemplifies our ability to access resources from both nonprofit and financial institutions to offer cost-effective, environmentally conscious financing within the cannabis sector, setting a benchmark for responsible lending.”
“Safe Harbor’s commitment to smart lending solutions is helping us take critical steps toward reducing our environmental footprint, while improving our operations,” Matthew Shifrin, CEO of Pioneer Interests, said. “We’re proud to partner with an organization that is pioneering green financial solutions within the cannabis industry and setting a standard for responsible operations.”
“At Collective Clean Energy Fund, we believe that innovative financing solutions are key to building a sustainable future, especially in energy-intensive sectors like cannabis cultivation,” Paul Scharfenberger, CEO of Collective Clean Energy Fund, said. “This partnership represents how targeted financial support can drive meaningful energy reductions and cost savings for cannabis operators, while also supporting Colorado’s broader clean energy goals.”
