Harvest Care Medical, a leading cannabis company in West Virginia, announced the successful completion of a $4 million refinancing deal. The strategic move aims to bolster the company's operational expansion and streamline its financial obligations by reducing monthly debt service expenses.
“This refinancing reflects our continued commitment to driving growth while maintaining financial discipline,” said Kevin Gibbs, Founder and Board Member of Harvest Care Medical. “We have built operations in over 10 states and are extremely careful when adding debt to our businesses. Continuing to secure financing below 10% positions us to responsibly scale our operations.”
The new funding will enable Harvest Care Medical to advance its plans to expand its cultivation capabilities and dispensary presence across West Virginia. William Freas, Founder and Board Member, emphasized the significance of this milestone: “Harvest Care is steadfast in its mission to lead the West Virginia cannabis market. This loan will allow us to further develop our canopy and grow our dispensary footprint throughout the state.”
About Harvest Care Medical
Harvest Care Medical is a vertically integrated cannabis company based in Bridgeport, West Virginia. The company currently operates seven dispensaries under the Country Grown brand, with two additional dispensaries under development that will open in Q1 and Q2 of 2025. Committed to providing high-quality cannabis products, Harvest Care Medical continues to set the standard in the state’s rapidly evolving cannabis industry.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250211308980/en/
Contacts
For media inquiries, please contact:
info@harvestcaremedical.com
