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: Lending
CHICAGO, Oct. 30, 2015 /Weed Wire/ — HerbFront Capital, the lending arm of nation’s first real estate exchange platform for the legal cannabis industry, is offering an exciting limited-time opportunity — waiving application fees for the first 10 clients.
CHICAGO, July 15, 2015 /Weed Wire/ — HerbFront Inc. is pleased to announce the launch of HerbFront Capital, a lending, business brokerage and advisory arm of its existing powerful real estate mapping technology platform.
If you’re an entrepreneur, and your company isn’t quite ready for potential investors, how do you acquire financing? For regular businesses, getting a loan from a bank or financial institution is the most straightforward answer, but that’s not always an option for those in the marijuana industry.