Are you looking to be a part of the incredibly lucrative cannabis industry? If so, let us help you make that dream a reality! We offer funding for all things cannabis related including CBD and hemp.
As of February 18, 2021, per the www.globenewswire.com the global cannabis market is estimated to be valued at USD 20.5 billion in 2020 and is projected to reach USD 90.4 billion by 2026 with no signs of slowing its growth. That growth comes as the legalization of marijuana use spreads across North America.
Although legal in many states, cannabis still remains a Schedule 1 controlled substance on a federal level. So as you probably already know, you can’t just stroll into your local bank and ask for a business loan to start up or expand your cannabis business no matter how much money you currently make, how great your credit score is or how much you have to put up for collateral. The ugly truth about this is it is extremely difficultto obtain funding in this industry.
That said, you will most likely need to look into non-traditional funding opportunities. We have a solid network of private investors, hard money lenders and alternative funding expertsthat see the bigger picture so let’s make this a winning opportunity for all involved and partner together to take your business to the next level!
Give us a shout to see if you qualify for any of our alternative funding opportunitiesso you too can take advantage of this very lucrative industry!
Some of the verticals we provide funding for are:
- Commercial real estate
- Dispensary expansion
- Inventory purchase
- Equipment purchase
- And more…