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Unsecured capital , or an unsecured loan, means that no collateral is provided. Other means must be made to guarantee repayment.Instead of collateral, a personal guarantee might be given. In this case, a company director might agree, if repayment of the loan is not otherwise possible, to cover the cost of the loan. There are […]
When it comes to marijuana businesses, getting financing might not be as straightforward as it is for other types of businesses. Even though marijuana has been decriminalized in many states and recreational use has been allowed in some, the federal government still considers marijuana an illegal substance and it remains on the list of schedule […]
Cannabis entrepreneurs face a series of obstacles when looking for real estate to fulfill their production and distribution. Here’s what you need to know. With the legalization of cannabis in several states across the United States, there has been an increased demand for cannabis products. Marijuana businesses are struggling to keep up with demand, and […]
Will Banks finally get the protection and support they need to serve marijuana businesses legally? Marijuana Banking Reform Act, a bill to protect banks that work with state-legal marijuana businesses, was reintroduced in the House this week and has advanced! This bill will protect banks that serve marijuana businesses from being penalized! The Banking Reform […]
Senate Majority Leader Chuck Schumer says “With or Without Biden the end of federal prohibition is in the works”. Senate Majority Leader Chuck Schumer and many colleagues have been in the works and will introduce legislation soon to decriminalize cannabis at the federal level, opening the door for states to establish their own legislation policies. […]
This year alone New York, Virginia and New Mexico all legalized adult use cannabis. find out who’s next. We all know it’s been a long time coming for the cannabis industry, 2021 has continuously shown us the light at the end of the tunnel. New York, Virginia and New Mexico all legalized with in weeks of […]
Its been a long time coming for cannabis in the united states and with so many states legalizing the negative stigma behind cannabis is lessening. More people are becoming open minded about marijuana and on the business side more people want in, including many state regulators. Last week Ganjaprenuer reported that “Two polls released, one […]
Users have historically had to keep their hash habits to themselves, smoking before they go out or after they arrive home from a night out. Not to mention the legal status of the plant, which has created a fear of being seen in public with the plant. Now that more states are legalizing cannabis, the […]
Is Money really what California’s marijuana market need? Or should they completely restructure the licensing process? Last Week California Legislature approved a $100 million dollar plan to help California’s legal Cannabis Industry, who are still struggling to keep up with the markets demands. Even five years after Cannabis has been legalized recreationally. The Plan was proposed by Gov. […]
Are you a business owner in the cannabis industry struggling to secure funding for your operations? You’re not alone. Due to federal illegality and the high-risk nature of the industry, many traditional lenders are hesitant to provide loans to cannabis businesses. However, at Lender420, we specialize in helping cannabis businesses overcome these pain points and […]
Starting and running a successful cannabis business requires a significant amount of capital. Whether you’re just starting out or looking to expand your existing business, securing financing can be a major hurdle. Traditional lenders are often hesitant to work with cannabis businesses due to the legal complexities of the industry. However, specialized lenders like Lender420 […]