GLCF Is Accelerating the Future of Cannabis Processing
Technology through Strategic Funding.
ATLANTA, March 29,
2024 /PRNewswire/ -- In a landmark move,
Greenlight Commercial Funding (GCF) has announced its support for
Audacity Zone Developments, INC. through an $11 million Series A Preferred Equity Offering.
This underscores the company's unwavering commitment to fostering
innovation and growth within the cannabis industry. The initiative
is set to propel Audacity Zone, a visionary leader in cannabis
processing technology, to new heights of productivity and
efficiency.
Fueling Next-Gen Innovation
Audacity Zone Developments
is on a mission to revolutionize the cannabis industry. With its
cutting-edge 'package plants,' the business is prepared to
significantly enhance the mass production of cannabis products. Its
unique approaches enable production rates that are tenfold higher
than current capabilities. Thanks to the specialized pre-roll,
rosin extraction, gummies, distillates, and pod, cart, and capsule
infusion plants, there can be added productivity, reduced overall
costs, and enhanced manufacturing and distribution processes.
Redefining Cannabis Production Standards
Mr.
Akinyele Adams of Audacity States"
We are at the forefront of industry disruption is our Pre-Roll
Package Plant Model. It simplifies the manufacturing and
distribution of cannabis products. This model not only cuts costs
and boosts productivity but also provides a comprehensive solution
that includes all primary and subordinate equipment, SOPs, and POS
systems."
The introduction of this model with the Pre-Roll Package Plant
allows it to produce an astounding 72,000 torque-rolled,
cylinder-shaped joints daily, setting a new standard in production
efficiency. According to company pro forma, this represents a
significant leap in production capacity and forecasts an impressive
daily EBITDA rate of $216,000.
Greenlight Commercial Funding Catalyzing Change
With
its extensive experience and a solid reputation for quick, reliable
financing solutions, Greenlight Commercial Funding is well-equipped
to fuel Audacity Zone's transformation journey. Greenlight's
expertise in navigating the complex lending landscape and its
relentless support for community development make it a powerful
ally for innovative companies seeking to make a significant
impact.
"We are thrilled to partner with Audacity Zone and support their
vision to revolutionize the cannabis industry through technological
innovation," said a Greenlight Commercial Funding Managing Partner
Dr. Alexander Beadle. "This
investment underscores our commitment to fostering advancements
that have the potential to redefine markets and offer unprecedented
opportunities for growth and development," they added.
About Greenlight Commercial Funding
Greenlight
Commercial Funding provides rapid, reliable financing solutions
across the commercial lending spectrum. Recognized for its swift
loan processing and deep commitment to facilitating community
growth, Greenlight is a vital resource for businesses looking to
navigate the complexities of commercial funding.
Contact Information
Greenlight Commercial Funding
Phone: 770-990-7939
E-mail: 375376@email4pr.com
Website: www.greenlightcommercialfunding.com/contact
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SOURCE Greenlight Commercial Funding LLC