XS Financial and urban-gro mutually agreed that XSF would retire the urban-gro’s convertible note for $2.3 million. read more

SEP 1, 2023 - 6:25 am

XS Financial, an equipment finance company serving the cannabis industry in the U.S., proposed to repurchase and cancel certain of its unsecured convertible notes that were originally issued on Oct. 28, 2021, and Oct. 10, 2022. read more

AUG 31, 2023 - 6:44 am

XS Financial, a specialty finance company that provides capex and equipment financing solutions to cannabis companies in the U.S., entered into a new lease with PharmaCann for $7.6 million. read more

AUG 8, 2023 - 6:48 am

XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, promoted Justin Vuong to CFO, replacing Stephen Christoffersen. read more

JUN 2, 2023 - 7:12 am

XS Financial, an equipment finance company for the cannabis industry in the United States, will expand into the broader market by extending its financing services to non-cannabis companies. This effort will be led by XS Financials' newly formed capital markets desk. read more

MAY 17, 2023 - 7:13 am

XS Financial entered into an agreement to provide a $7.5 million CAPEX lease facility to Northeast Alternatives, a vertically integrated cannabis company that operates in Massachusetts and Michigan. read more

MAY 3, 2023 - 7:01 am

XS Financial named Justin Vuong CFO, effective June 1. Vuong will succeed current CFO Stephen Christoffersen, who will remain active as a member of the company’s board of directors, investment committee and as the newly appointed audit chair. read more

APR 3, 2023 - 6:54 am

David Kivitz didn’t let a lack of direct experience in equipment finance stop him from seizing an opportunity to provide leasing to the cannabis industry. As the CEO of XS Financial, he has brought on experts in the field to help the company meet demand in a growing marketplace. ... read more

Vol. 48 No. 5 2021

XS Financial named Jim Bates director of risk and Kenneth Senter director of client services. Bates previously worked for several equipment finance firms, including Arvest Equipment Finance, while Senter previously worked for First American Equipment Finance, among others. read more

JUL 23, 2020 - 7:33 am

XS Financial, a specialty finance company engaged in equipment leasing in the United States, closed the acquisition of a California lenders license. The acquisition of the lender license allows XS to expand its lending and financing capabilities in the state of California. read more

JUL 14, 2020 - 6:36 am

PharmaCann continues to draw down on its lease with XS Financial, bringing the total to date to approximately $2.8 million for new equipment. read more

JUL 13, 2020 - 6:45 am

Xtraction Services changed its name to XS Financial and will commence trading on the Canadian Securities Exchange under the new ticker symbol “XSF.” read more

JUN 26, 2020 - 6:33 am