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07-21-2020, 12:04 PM #1
- Join Date
- Feb 2017
- Posts
- 3,411
Loan in the Cannabis
I don't know if this is possible, but I promised I'd post it:
I have a company in Nevada. They are a highly specialized biotech company in the business of producing tissue cultured starter plantlets for the Cannabis Industry. They have developed their own proprietary high CBD hemp strain to supply the farmers starter plantlets in North America for the production of high content CBD biomass for the production of human formulations. They are publicly trading on OTC for $0.40, and the only collateral is stock that they'd put into an escrow. They have only done about $80k in revenue in 2020, last year $300k, they're projecting $1mm in 2021.
Any lenders out there use stock as escrow?
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07-30-2020, 11:16 AM #2
Call steve at Davinci, He's had some luck financing Canabis 210-290-4102
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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07-30-2020, 03:12 PM #3
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 474
Sending you a message offline, Micah.
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08-09-2020, 04:04 PM #4
- Join Date
- Mar 2020
- Posts
- 24
Call Upwise Capital for all Cannabis financing needs! https://upwisecapital.com/cannabis-financing/
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08-09-2020, 04:05 PM #5
- Join Date
- Mar 2020
- Posts
- 24
Call Upwise Capital for all Cannabis financing needs! https://upwisecapital.com/cannabis-financing/
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07-26-2020, 03:22 PM #6
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,943
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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