Harvest Care Medical, a vertically integrated cannabis company operating seven dispensaries under the Country Grown brand, said it has completed a $4 million refinancing deal. The 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.
Harvest Care Medical is based in Bridgeport, West Virginia. It currently has two additional dispensaries under development that will open in the first and second quarter of 2025.
