XS Financial Inc. announced that it has entered into a lease agreement with LivWell Enlightened Health ("LivWell"). LivWell is a vertically integrated operator with 21 retail stores in Colorado and a provisioning center in Michigan. All amounts are in U.S. dollars.

LivWell has been approved for an equipment lease facility of $7 million for new equipment with up to 60-month terms. This equipment acquisition will help further expand their cultivation, manufacturing, and processing facilities in their current operating markets.