How do legal-marijuana business entrepreneurs raise money to start or expand their business? The big banks won’t open a checking account for them, let alone lend them money, because cannabis production, processing and selling is still illegal at the federal level. Banking and financing options are limited, but there is a need and funding can be found.
Tag Archives: Loan
TORONTO and New York, Feb. 14, 2017 /Weed Wire/ — iAnthus Capital Holdings, Inc., (CSE: IAN), announced today that its wholly-owned US subsidiary, iAnthus Capital Management, LLC (which, together with iAnthus Capital Holdings Inc, is referred to herein as “iAnthus” or the “Company”), has entered into a strategic relationship with The Green Solution, LLC and certain of its affiliated Colorado entities (collectively, “TGS”).
KELOWNA, British Columbia, July 25, 2016 /Weed Wire/ — Lexaria Bioscience Corp. (OTCQB:LXRP) (CSE:LXX) (the “Company”) is entering a loan agreement for the principal amount of US$50,000.
An effective executive summary gives a brief, high-level overview of your business, the financing that you are seeking, and it should pique the interest of decision makers.
Entrepreneurs don’t always know what qualifies as a fungible asset. And they’re not aware that many emerging businesses can gain access to finance fairly easily if their business has the right components.
Always on the lookout for ways investors are participating the cannabis space, today we are taking a look at a publicly traded company that, on the surface, offers a unique access point.
Apeks LLC is starting construction on a sorely needed new factory about four months later than it planned.
A client recently came to Sacramento, California-area lender Tod Chadwick seeking a loan for a three-unit commercial property. A standard request — except the client wanted to use one of the units for a medical marijuana dispensary.