Here are three additional mistakes I see occurring frequently as business owners look for financing. Steer clear of these pitfalls and you will dramatically increase your chances for success.
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As a veteran in commercial financing for marijuana businesses, I have seen many business owners struggle to obtain funding.
ENGLEWOOD, Colo., Jan. 28, 2016 /Weed Wire/ — Since launching Dynamic Alternative Finance (DAF), we have arranged more than $15.5 million from private capital investors to help marijuana-related businesses.
Speaking at the High Times Business Summit 2015 in Washington, D.C., Scott Jordan, Director of Business Development for Dynamic Alternative Finance, laid out his top 10 tips for cannabusinesses forced to think outside the box for financing. Then there was an extra that may trump all others.
Cannabis entrepreneurs may underestimate the potential for debt financing, a topic that will be explored in detail by Scott Jordan, Director of Business Development for Dynamic Funding at the Marijuana Investor Summit on Sept. 16 in Los Angeles.