Cannabis, the final frontier. The commercial voyage to explore a new world of potential revenue, to seek out profitability amid the unknown and new customers, to boldly go where no other business has gone before.
That’s right. The legal sale of legal cannabis in the United states is on the rise. North American spending on cannabis has passed the nine-billion-dollar mark. Estimates predict that soon, less than a decade, the legal sale of marijuana in the Americas will be a multi-billion-dollar industry. Yep, imagine Mike Myer’s Doctor Evil mouthing “one hundred billion dollars!” into his pinkie finger. It’s going there, and fast.
Due to these revelations predicting the rapid growth of the legal cannabis industry, many have taken aim, setting their sights upon a market ripe for potential returns. But like any business, it takes cash to set things in motion, many times it even takes lenders who are willing to finance the acquisition of real estate, infrastructure, agriculture, and storage. So, who loans this kind of money out? Well, to start, not conventional lenders. Obtaining a loan on a legal marijuana business from a conventional lender is not an easy process due to constant changes in federal and state laws, recent birth of the industry, and unpredictability inherent in the business. Alright, if conventional lenders are out of the picture and if individual savings are not sufficient on their own, what other options are there? Answer: Arizona commercial hard money loans. Where conventional lenders are fickle with stipulations, governed by scores of federal regulations, and characterized as the archetypal red-tape administration, commercial hard money lenders are predictable, upfront, client-oriented, and easy to deal with. Since commercial hard money looks at equity in real estate and loan-to-value positioning, borrowers’ personal lives are not subject to the microscope of scrutiny.
So, what types of cannabis financing are available? Commercial hard money loans are available to those seeking to acquire real estate to store, process, and retail cannabis. Also, commercial hard money loans are available for those who are looking to cultivate marijuana agriculturally. Since conventional lenders tend to frown upon lending money out for land-acquisition, finding land to grow on is a challenge that can be resolved by hard money.
If the medicinal cannabis business seems to be a good fit, go for it. With a proper business plan in mind and after having researched favorable real estate scenarios in a given area, talk to a hard money broker to find a hard money loan that is right for you. Establish a foothold and press forward with Level 4 Funding, here to help meet your business’ finance needs just as it has helped so many others.
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis Dahlberg Broker/RI/CEO
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.