First Citizens Bank Provides $1 Million Line of Credit to MC Nutraceuticals
FCNCAFirst Citizens BancShares(FCNCA) Prnewswire·2024-03-05 22:00

RALEIGH, N.C., March 5, 2024 /PRNewswire/ -- First Citizens Bank today announced that its Cannabis Banking business provided a $1 million working capital line of credit to MC Nutraceuticals, one of the largest global suppliers of hemp-derived cannabinoids. Founded in 2019, MC Nutraceuticals uses ecommerce to distribute 42 hemp-derived products to a diverse client base across the U.S. and internationally. Their product line includes Delta 8, CBD, CBG, CBC, CBN, THCv and other hemp derivatives. "We enjoyed wo ...