Looking to scale up for mass production and commercial/corporate development. We are currently structured in operation for retail , grow and extraction but with demand growing for legal lab licensed product along with recreational retail sales we are looking to partner up and go big.with that being said I have been pre approved for loans totaling up to 1.2m , how ever still feel like a partnership with a canna business savy investor would still be fruitful. Funds are essentially needed for additional equipment and licenses
What we bring to the table -
pre approved loan totaling up to 1.2m.
-Business plan drawn up including 3yr-5yr performance projection ,exit strategy , balance sheet from 2017 -2018 retail sales.
-Access to 300+ acres with warehouse structures waiting to be licensed/permitted.
-access to tons of biomass available for cat 1 production retail.
Net work of experienced growers and lab experience.
200k in lab equipment
a demand of 200L distillate monthly.
Any one who feels like that they be a good fit email or dm me and I’ll get back to you with further details.
That is a huge line of credit. Wow. What kind of quarterly sales would support a leveraged inventory like that do you predict and still remain profitable?
It’s actually 300k credit line 900k hard cash via private investor both offers found through loan investment officer whom I also have a some what close relationship too. Not too thrilled on term or apr but everything in the industry gets taxed apparently. Current quarterly sales are around 70-90k with great credit if that answers the leveraged inventory question.
I guess it depends on the person behind the desk working on your loan/investment. As well as your cash and cash equivalents maybe I can refer you to someone if you’d like ?
in northern California, medocino.