Marijuana / hemp/ cbd oil deal
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  1. #1
    Senior Member Reputation points: 3956
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    Marijuana / hemp/ cbd oil deal

    I have a potential merchant processing and drying out 10,000 lbs of hemp to convert into CBD oil, that will be ready to harvest by march of this year. Supposedly the value of the oil will be worth more than 1 million. If this merchant wanted to take a loan out using the value of the Marijuana as collateral. are they any daily funders that would be able to assist with this deal

    Thanks

    Brent
    Brent Goggins
    Business Credit Consultants
    ISO Relations Manager
    Direct: 518-776-7501
    Email: BrentG@bccusa.com

  2. #2
    Senior Member Reputation points: 54989
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    My pal Snooop has a fund for this stuff!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Senior Member Reputation points: 503040
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    Quote Originally Posted by mcaguru View Post
    My pal Snooop has a fund for this stuff!
    They don’t do this. They factor invoices.

  4. #4
    We fund Marijuana industries.
    Green Fund NY
    Info@greenfundny.com
    845-693-0433
    276 5th Ave. STE 704
    New York, NY 10001

  5. #5
    Senior Member Reputation points: 5036 DiamondBL's Avatar
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    Beverly Hills, CA
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    Do they own the real estate? What type of equipment are they using to convert the oil? If they own that outright and it is worth over 100K (which is very common) there may be a cash-out/leaseback on that.
    Jonathan Kohanoff
    B.R.E. #01962090

    Diamond Business Loans
    Beverly Hills, CA 90211
    jon@diamondbl.com
    www.DiamondBL.com

  6. #6
    We do Cannabis. We will only do 20-30k max. We will not do large loans because of the industry type and some of the legal issues, but if we give a cannabis starter loan of 20-30k and develop a good relationship with the merchant, we will take that into consideration when renewing and can increase our funding amount if all looks ok. Please give me a call to discuss and get set up to come aboard with us.

    Respectfully,
    Greg B.
    Senior Business Development Manager
    845-494-4898
    isosupport@byzfunder.com

    www.byzfunder.com

  7. #7
    Senior Member Reputation points: 54989
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    Mantis funds Cannabis -- Keep in mind --- we seek to fund files hours after submission -- get contracts back-into-us and it goes into final funding Queue!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  8. #8
    Banned Reputation points: 179851
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    Quote Originally Posted by Money2Fund View Post
    I have a potential merchant processing and drying out 10,000 lbs of hemp to convert into CBD oil, that will be ready to harvest by march of this year. Supposedly the value of the oil will be worth more than 1 million. If this merchant wanted to take a loan out using the value of the Marijuana as collateral. are they any daily funders that would be able to assist with this deal

    Thanks

    Brent
    Yea Brent,
    Go Collateral

    The Machinery has to be worth something.

    Lease Back

  9. #9
    Member Reputation points: 12
    Join Date
    Mar 2022
    Location
    San Diego
    Posts
    21

    FundCanna focuses on Cannabis, Hemp and CBD related companies. We're comfortable up to 1 million in a single transaction. Feel free to give me a call if you would like to discuss details on either this deal or how we can help monetize your future Cannabis leads.


    Ryan Freitas | VP, Sales & Partnerships
    O: 844-420-FUND
    D: 619-354-2074
    C: 858-337-4330
    rfreitas@FundCanna.com

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