We are an experienced cannabis lender with $20,000,000 ready to deploy, seeking cannabis financing projects with experienced operators. If you are a licensed operator and need capital for growth, expansion, or construction, please hit the "contact" button above and send us a summary of your project. The types of projects we are most interested in include:
- Sale-leasebacks of licensed retail, distribution, manufacturing, indoor cultivation and greenhouse facilities
- We will only pay for the true appraised value of the real estate (no egregious cannabis premiums)
- Typical terms are a 10-year, corporate guaranteed lease at a 10-12cap
- We are not interested in outdoor cultivation at this time
- Term loans secured by assets like real estate and equipment
- We are looking for 1.5-2x collateralized loans secured by real property
- Typical terms are 2-4 years at a 12-16% interest rate
- Personal and corporate guarantees are typically required in addition to the collateral
- Creditworthy, experienced operators that can prove their ability to service the debt payments or lease
- Looking for opportunities nationally, so please contact us if you have financing needs!
Location:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, US Protectorate