Needham Bank has closed a cannabis business loan to Glorious Cannabis Company. Though headquartered in Rochester Hills, Michigan, Glorious Cannabis has recently joined the Massachusetts cannabis market to manufacture their specialty products. Glorious Cannabis will use the financing to complete the construction of their cannabis establishment in Uxbridge, Massachusetts.

"With this business loan, Needham Bank is helping Glorious Cannabis Company expand their brand into the Massachusetts market," stated Michelle Haughton, VP structured finance. "It's been a pleasure working with Sam Lteif, CEO and David Prill, CFO to provide the financing, and I look forward to seeing Glorious thrive here."

Glorious Cannabis Company's …

Full story available on Benzinga.com