Colorado-based SHF Holdings supplied cannabis operator PI 51st Avenue with a $500,000 loan to invest in energy-saving lighting and other equipment to improve operational efficiency and sustainability.
SHF Holdings, which does business as Safe Harbor Financial, made the loan in partnership with the Collective Clean Energy Fund (CCEF) and Partner Colorado Credit Union (PCCU), according to a Wednesday news release.
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Denver-based PI 51st Avenue, which does business as Natty Rems, was founded as a medical marijuana company in 2009 and produces cannabis flower, pre-rolls, concentrates, vape cartridges and infused gummies.
The loan was offered under the Cannabis Resource Optimization Program and facilitated through the CCEF, a clean-energy financing nonprofit, the release noted.
The alliance between CCEF and Partner Colorado Credit Union made
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