Cannabis Lending & Financing Roundtable
Cannabis Lending & Financing Roundtable
Ask a Cannabis Insider – Check out our Cannabis Lending & Financing Roundtable for everything you need to know about funding and lending for your cannabis business! Timestamps to direct topics are listed at the bottom.
Panelists:
Dan Page
Boulder Equity Partners
https://www.linkedin.com/in/danpagebusinessgrowthexpert/
www.BoulderEquityPartners.com
Scott Jordan
Alternative Finance Network
https://www.linkedin.com/in/thescottjordan/
www.AlternativeFinanceNetwork.com
Jeff Pasquerella
Arcview Capital
https://www.linkedin.com/in/jeff-pasquerella-587a2166/
Mel Barnes
West Town Bank & Trust
https://www.linkedin.com/in/mel-barnes-73844a132/
Jim Breese
GreenGrowth CPAs
https://www.linkedin.com/in/jim-breese/
https://greengrowthcpas.com/
Derek Davis
GreenGrowth CPAs
https://www.linkedin.com/in/hderekdavis/
https://greengrowthcpas.com/
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Roundtable Agenda
Meet Panelists (02:19)
Derek Davis – GreenGrowth CPAs (3:32)
Scott Jordan – Alternative Finance Network (3:55)
Mel Barnes – West Town Bank & Trust (4:48)
Dan Page – Boulder Equity Partners (5:25)
Jeff Pasquerella – Arcview Capital (6:15)
Chat with Jeff Pasquerella (6:54)
How has the lending landscape changed over the past 18-24 months? (7:43)
Are there any types of cannabis business that have a higher ability to get funding? (9:31)
Unlimited licensing states vs. Limited Licensing States (11:55)
How do you measure the impact of Branding on Valuations? (13:45)
The draw down of public cannabis company valuations…has that impacted private market deals? (15:33)
What should operators that are seeking to acquire debt financing be most mindful of? (17:20)
51% social equity deals…do they impact fundability? (19:38)
Chat with Dan Page (21:55)
What type of borrower is best positioned to get approved for a low-interest cannabis real estate loan? (22:08)
What types of properties are most likely to be approved for a low-interest cannabis real estate loan? (23:57)
When purchasing a new cannabis property, what should borrowers be considering if they are looking for a low-interest cannabis real estate loan? (25:45)
What are the terms for a low-interest cannabis loan? (28:08)
Sale-Lease-Back vs. Mortgages (28:57)
What are some of the issues that can lead to a decline for a low-interest cannabis loan? (30:12)
Chat with Mel Barnes (33:52)
Are West Town cannabis bank accounts any different than typical business accounts? (34:31)
Which states do West Town Bank and Trust support currently? (36:49)
What is the process of getting a cannabis bank account at West Town? (39:00)
What are your fees for helping raise capital? (43:00)
Response from Jeff at Arcview Capital (43:40)
Scott from Alternative Finance Network (44:20)
Dan from Boulder Equity Partners (44:47)
Chat with Scott Jordan (45:51)
What are the 3 biggest mistakes you see borrowers doing while applying for a loan? (46:9)
What are 3 things borrowers should do when they are applying for a loan to improve their chances of successfully securing a loan? (48:42)
What is the minimum deal size you’ll offer on real estate lending? What is the minimum down? (51:51)
Fed rate hikes, how will those impact your loan products? (53:17)
Dan Response to Fed Rate Hikes (55:09)
Jeff Response to Fed Rate Hikes (55:54)
Additional Questions
Extra large, 500k sq ft grow facilities…are those fundable? (59:06)
How to identify predatory lenders in the cannabis industry (60:05)
How can brokers effectively partner with lenders? (61:18)
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Contact information for speakers?
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