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  1. #1
    Senior Member Reputation points: 216519
    Join Date
    Feb 2017
    Posts
    3,334

    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?

  2. #2
    Senior Member Reputation points: 81655
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,854

    Quote Originally Posted by mickledang View Post
    Any day now weed will be legal everywhere and that’s my future! Suggest https://berkshirecbd.com/wholesale-cbd-flower/
    Keep smoking & dreaming - Until Congress ( House/Senate/POTUS removes Cannabis as a Schedule 1 Narcotic,
    the rest is smoke & mirrors.
    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

  3. #3
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
    Posts
    838

    Call steve at Davinci, He's had some luck financing Canabis 210-290-4102
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

  4. #4
    Senior Member Reputation points: 39157
    Join Date
    Oct 2014
    Location
    Naples, FL
    Posts
    470

    Sending you a message offline, Micah.

  5. #5
    Call Upwise Capital for all Cannabis financing needs! https://upwisecapital.com/cannabis-financing/

  6. #6
    Call Upwise Capital for all Cannabis financing needs! https://upwisecapital.com/cannabis-financing/

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