Kyle Shenfeld, CEO of Rainbow Realty Group, spoke at the Benzinga Cannabis Capital Conference at the ‘Debt Financing: The Industry's White Knight in 2023’ panel.
When the legalized cannabis industry first blew up, there was an abundance of lenders that were eager to finance emerging cannabis companies; however, the last 18 months have witnessed a decrease in lenders.
Shenfeld shares that the decrease in lenders during an increase in state legalization is creating a heightened demand for debt financing. Debt financing these days is more thoughtful with increased due diligence than it was at the start of the cannabis burst.
Interested in learning more about the Benzinga Cannabis Capital Conference? Get more information here.
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The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!