The cannabis industry is a fun and exciting business that is growing at an explosive rate. Even so, banks and traditional investors often view this burgeoning industry as risky and unsafe, so cannabis entrepreneurs are looking for private investors and venture capitalists to fund their businesses. This can be a good option for some, but you also run the risk of huge equity forfeiture, or high interest rates that can make your business virtually unprofitable. Luckily there’s other options for finding cannabis investors. Check out these resources!
“When banks say “No” to cannabis businesses for a loan, we almost always say “YES!” We fund with no collateral, no personal guarantee, and bad credit is OK – approval in 24-48 hours, money in 5-7 days.”
Barry Solomon – Business Funding Executive