Article Image
News Link • Drug War

Lack of banking opens private-money doors for marijuana properties

• .
When some banks began calling commercial notes they held on properties leased to marijuana businesses, it opened the doors to private financiers willing to take on the fledgling industry and its associated risks.

From hard-money lenders — investors who offer short-term, high-interest loans — to publicly traded real estate investment trusts focused on marijuana clients as tenants, the lack of conventional financing has created a sector that's gaining steam and drawing stares....

Join us on our Social Networks:


Share this page with your friends on your favorite social network: