Sweet Leaf Madison Capital Loans $116K to Michigan Edibles Company to Purchase Extraction Equipment

Sweet Leaf Madison CapitalA nationwide provider of customized lending solutions for the middle-market cannabis industry, provides $116,000 loan to Cultio for equipment purchase,

established and operated by Derek M. Chaney And Marina El MorbeckCultio is a cannabis startup in Leslie, Michigan that is expanding into the cannabis processing and consumables market. The loan will allow Cultio to purchase extraction equipment. extraction techWhich designs, engineers and manufactures stainless-steel hydrocarbon and ethanol extraction solutions and post-processing equipment for cannabis processors.

“It is no exaggeration to say that this equipment will be mission critical to Cultio’s operations. Going forward, our focus will be primarily on extraction, so we can deliver the highest quality hydrocarbon-derived concentrates and feedstocks,” Chane said. “We are grateful to have found a reliable and transparent source of capital.”

Andrew KayeSLMC Chief Commercial Officer, said: “Culteo really understands their market, we are incredibly impressed by Culteo’s relentless focus on excellence in every part of their product creation, from the genetics of the plants they select to Here’s what the final product looks like on display.. We can’t wait to see how they help shape the consumables space.

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photo: benzinga edit with photo by geralt and lindsefox on pixabay

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