Over the next few years, there are very few sectors of the economy projected to grow by triple digits. Analysts are predicting the legal marijuana industry will grow 500 percent over the next five years.
With growth comes a need for capital. But borrowing money in the cannabis space can be an onerous and challenging task.
Given marijuana’s federal illegal designation, many bank loans are hard to come by for cannabis shops. While financing is available, it is not cheap. Some would say that ten years ago, you’d have to go to a loan shark to fund a cannabis business and that lender may break your legs for missing a loan payment.
Cannabis attorney Jason Klein hosts this webinar with guest Michael Richardson from Summit Peak Credit. Richardson has over 30 years of experience in mortgage loan production, valuation, quality control, compliance, forensics, fraud prevention and change management. With this knowledge, he was instrumental in developing the specialty lending platform for Summit Peak Credit, an asset based non-bank lender for the legal cannabis industry.
Viridian Sciences is hosting a series of Wednesday webinars. Join us and see first hand how a complete world-class, business management (ERP) solution delivers the needed tools to run all segments of your Cannabis business.
During the Webinar, you will have the opportunity to discuss how the right ERP solution will enable your cannabusiness to run efficiently with automated inventory tracking, seed to sale reporting, financial accounting, grow management, quality control, and many other essential tools to help you succeed.
Don’t delay! Learn how to grow your business with an industry-leading, cannabis software solution, using fully GAAP-compliant and audit-ready record keeping, Viridian’s solutions are second to none in terms of regulatory compliance and efficient overall cannabusiness management.
Register to Attend one of the following dates:
August 2, 9, 16, 23, 30, September 6, 13, 20 & 27