Sinclair Range is pleased to announce that Sapphire Global Finance, a participant in the Canadian private credit space for which Sinclair Range acts as exclusive financial advisor, has successfully closed its first transaction: an $825,000 Debtor-in-Possession (DIP) financing facility for a large, premium Canadian medical cannabis cultivation and processing company entering CCAA protection.

The $825,000 DIP facility is designed to provide essential liquidity to stabilize operations and support key initiatives during the restructuring period.

The borrower operates a high-quality indoor cultivation and processing facility known for its strong production capabilities and strategic presence in the medical cannabis market. Sapphire’s financing supports continued operations while stakeholders work toward a sustainable restructuring plan.

This inaugural transaction highlights Sapphire’s mandate to deliver timely, asset-backed capital solutions to companies in transition and marks an important milestone in the platform’s growth.