A United States-based vertically integrated producer of cannabis products and terpene products (natural flavouring) wished to reorganize its business to separate its cannabis division from its terpene-operating division. Concurrent with the carveout of its terpene production business, the Company also sought to refinance existing debt that bore high interest rates in the now-profitable standalone terpenes production company.
Invico provided a bridge loan to refinance existing high-cost financing facilities.
The Company was better capitalized to continue its strategic growth initiatives.
