XS Financial Inc. (OTCQB: XSHLF) (CSE:XSF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has entered into a new lease agreement with Connected International Inc., a vertically integrated California operator with additional operations in Florida and Arizona.

Connected has been approved for a $13 million CAPEX lease facility, with an immediate drawdown of over $4.4 million for a sale-leaseback and to purchase equipment with up to 60-month terms. This equipment acquisition will enhance the capabilities of existing processing facilities …

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