Medical Marijuana Michigan
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  1. #1

    Medical Marijuana Michigan

    I have a client who has a Medical Marijuana growing operation in Michigan seeking around $750k-$1 million USD for growth and expansion.
    The company is cash flowing, been in business for just over one year and is willing to provide financials.. They would like to expand their operations due to the high demand for their products.
    Funds will be used to build one more bloom house which would bring their total bloom houses to three, new equipment and also to build out three new greenhouses. There will also be the taking on of more staff to run the operation. Client is willing to personally guarantee the loan.
    Anyone out there?

  2. #2
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    Whats there gross revenue 21', 22', 23' YTD?

    Do they have a bank account? financials 22' & 23' YTD?

    Do they own the property they operate from?

    Valued today of property?

  3. #3
    From my experience, diving into the medicinal marijuana industry can be quite the journey. I started using medical marijuana a while back for chronic pain but eventually switched to vaping due to concerns about addiction.

    While the expansion plan sounds robust, ensuring sustainable growth and maintaining quality should be a priority. I found vaping a better fit for my lifestyle, and it helped manage my condition without the dependency issue. I've been purchasing from Nexus Smoke for my vaping needs, and it's been a reliable source.

    For anyone looking into the medical marijuana or vaping market, it's crucial to weigh the pros and cons and consider the long-term implications on both health and business. Check out https://nexussmoke.com/ for some insights and options in the vaping domain.
    Last edited by Markt; 03-31-2024 at 02:32 PM.

  4. #4
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    Quote Originally Posted by Family man View Post
    I have a client who has a Medical Marijuana growing operation in Michigan seeking around $750k-$1 million USD for growth and expansion.
    The company is cash flowing, been in business for just over one year and is willing to provide financials.. They would like to expand their operations due to the high demand for their products.
    Funds will be used to build one more bloom house which would bring their total bloom houses to three, new equipment and also to build out three new greenhouses. There will also be the taking on of more staff to run the operation. Client is willing to personally guarantee the loan.
    Anyone out there?
    I have a couple of options and may be able to help feel free to reach out.
    Midwestern Financial Solutions
    CEO
    Office - (954) 694-6402
    email- Info@midwesternfinancialsolutions.com
    MidwesternFinancialSolutions.com
    Where your box ends ours begins.
    https://www.linkedin.com/company/mid...ial-solutions/
    linkedin.com/in/brandon-cooper-426615267

  5. #5
    Hello, my name is Natalia, we work with marijuana deals, please feel free to reach out, would love to see if we could help.




    Midwestern Financial Solutions
    Natalia Durham - BDO
    (305) 239-7681
    email- nati@midwesternfinancialsolutions.com
    MidwesternFinancialSolutions.com
    Where your box ends ours begins.
    https://www.linkedin.com/company/mid.../?feedView=all

  6. #6
    Would love to take a look if you are open to cobrokering
    We do a lot of marijuana related business and have some specialty lenders
    -MCA
    -Conventional Bank Term Loans and Lines
    -Special Industry (Medical, Non profit)
    -SBA 7a and 504 and USDA
    -ABL (Receivables, Purchase Order, Equipment)
    -Private RRE and CRE Bridge / Permanent Facilities

    Daniel Hudson
    SVP Business Finance Consultant
    2090 IH 35N #4114 New Braunfels, Texas 78130
    Business Cell: 860-837-3306
    Everstreamcapital.net

  7. #7
    Quote Originally Posted by Family man View Post
    I have a client who has a Medical Marijuana growing operation in Michigan seeking around $750k-$1 million USD for growth and expansion.
    The company is cash flowing, been in business for just over one year and is willing to provide financials.. They would like to expand their operations due to the high demand for their products.
    Funds will be used to build one more bloom house which would bring their total bloom houses to three, new equipment and also to build out three new greenhouses. There will also be the taking on of more staff to run the operation. Client is willing to personally guarantee the loan.
    Anyone out there?
    I can finance the purchases of any other commercial properties or properties they own up to 65% ltv, max 15-17%, as low as 13%, over a year interest only. I can also fund them based off their cash flow with an mca. Email me and I'll schedule a call to discuss so long as it's a deal over 250k if it's a real estate deal (due to industry type, my min funding amount is 100k mcas, and 250k on commercial real estate).

    I'm a direct funder for mcas and also a direct lender for commercial real estate loans based on what state the deal is located.

    I pay 12% on mcas and on commercial real estate you get paid what you charge at closing by at title. Max term for commercial real estate is 12 months i/o (extensions available), and 12 months max for mcas.

  8. #8
    I have a couple of options for them. Feel free to reach out.

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