QQQ
-6.78
396.69
-1.74%
BTC/USD
-6671.51
46929.54
-12.45%
DIA
-0.37
346.98
-0.11%
SPY
-4.16
461.56
-0.91%
TLT
+ 1.82
150.71
+ 1.19%
GLD
+ 1.39
163.85
+ 0.84%

A Company That's Filling The Gap Between Cannabis And Real Estate

May 29, 2020 9:06 am
Advertiser Disclosure The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content that follows is for informational purposes only and not intended to be investing advice.
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
A Company That's Filling The Gap Between Cannabis And Real Estate

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
 
Pelorus Equity Group, an asset-based lending company, has been proving secured term-loans in the cannabis real estate space since 2016.
 
Co-founding President of Pelorus, Rob Sechrist, will be presenting at the upcoming Virtual Cannabis Capital Conference. 
 
Sechrist’s presentation will explore the Pelorus Fund, the driving force behind the company’s investment in commercial real estate of cannabis-operated businesses. The presentation will delve into the Fund as it relates to COVID-19, value-add lending, case studies, and a comparison of cannabis vs. non-cannabis properties.
 
“We are providing near equity-like returns with a secured alternative cash-flowing, non-correlated investment as a private mortgage REIT that allows for a 20% tax deduction in interest income,” said Sechrist.
 
Strict guidelines from traditional lenders have made it difficult for those in the industry to procure loans for their businesses. Pelorus is filling this gap in the cannabis industry by investing in companies that need financing assistance.
 
To date, Pelorus has funded over 34 loans totaling more than $70 million in cannabis transactions.
 
Sechrist will be joined by a line-up of investors and entrepreneurs in the cannabis space.
 
Rob was a keynote speaker at the Miami conference in 2020 with Tim Seymour and recognized Benzinga as one of the best cannabis capital conferences with 455 investors attending out of the 725+ attendees that were interested in placing $1.5B this year.
 
To learn more about Pelorus Equity Group, you can sign up for the Benzinga Cannabis Capital Conference by clicking here.

Photo by Next Green Wave on Unsplash

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to Benzinga Podcasts and our YouTube channel.


Related Articles

Harborside To Buy Urbn Leaf And Loudpack, Creating 'Biggest Cannabis Platform In CA' - StateHouse Holdings

Harborside To Buy Urbn Leaf And Loudpack, Creating 'Biggest Cannabis Platform In CA' - StateHouse Holdings

Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) confirmed Monday it will buy UL Holdings Inc. read more
New York City Conference 'Horizons: Perspectives on Psychedelics' A Who's Who Of Notable Speakers

New York City Conference 'Horizons: Perspectives on Psychedelics' A Who's Who Of Notable Speakers

In a welcomed throwback to the days before psychedelic use and research was considered a forbidden topic, the conference “Horizons: Perspectives On Psychedelics” in New York City is an incredible testimony to where the field of psychedelic therapy, and the industry as a whole, is read more
Cannabis Dispensary Roundup: Green Dragon, Verano Holdings, Three Wells

Cannabis Dispensary Roundup: Green Dragon, Verano Holdings, Three Wells

Green Dragon Kicks Off Cannabis Sales At Its Third Florida Store In West Palm Beach Cannabis company Green Dragon opened a new medical cannabis dispensary in West Palm Beach earlier this week. read more
New Mexico Creates $5M Loan Program To Help Small Cannabis Businesses Ahead Of Rec Sales Launch

New Mexico Creates $5M Loan Program To Help Small Cannabis Businesses Ahead Of Rec Sales Launch

Cannabis microbusinesses in the Land of Enchantment can now benefit from a newly introduced $5 million loan program, following approval earlier this week from the New Mexico Finance Authority Oversight Committee (NMFA). read more