Community Savings and We Can Capital Milestone: Over $5 Million for Cannabis Producers

Tuesday, 10 September 2024, 09:05

Community Savings has reached a milestone with We Can Capital in cannabis industry financing by providing licensed producers with over $5 million in working capital. This innovative partnership offers a significant boost to producers, facilitating growth and operational sustainability. By advancing this funding, both organizations are paving the way for a strong future in the cannabis sector.
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Community Savings and We Can Capital Milestone: Over $5 Million for Cannabis Producers

Community Savings and We Can Capital’s Innovative Financing

Community Savings, a BC-based credit union, and We Can Capital Inc. have achieved a landmark milestone by offering licensed cannabis producers over $5 million in critical working capital. This financial initiative through their affordable account receivable purchasing program is a bold step forward in supporting the growth and sustainability of the cannabis industry.

A Groundbreaking Partnership

The collaboration between Community Savings and We Can Capital reflects a growing trend in the financial sector, where accessibility to funding is enhanced for innovative businesses. This partnership signifies a major development for producers, allowing for improved cash flow management.

Future Implications for the Cannabis Sector

  • Enhanced Financial Accessibility
  • Boosting Producer Growth
  • Ensuring Operational Sustainability

This financial support is not just a transaction; it represents a commitment to fostering a resilient and prosperous cannabis marketplace in Canada.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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