We’re hosting an Ask Me Anything event on Tuesday July 25th, 2017 at 11am MDT with Rick Jorgenson @ allgreenusa from AllGreen to answer your questions about funding and financing.
Click here to add the event to your Google Calendar or download and open this attachment to add to Outlook and other calendar programs. AllGreen_Ask_Me_Anything.ics (1.2 KB)
AllGreen was forged from a passion to help your cannabis businesses succeed offering a custom tailored growth-map to meet each business’ profile built by expert cannabis consultants. Existing businesses seeking hyper growth and startups getting growing we can help.
AllGreen, a unique one-stop SmartSource solution for all cannabis business growth needs, whether a dispensary seeking new product or branding for your shop, a grower looking for buyers, a brand seeking distribution or capital needs. All small business need to be well capitalized, have the ability to obtain new customers with the proper guidance to grow, that’s what AllGreen does.
AllGreen offers a convenient one-stop solution, accelerating your business’ growth, while you focus on running day-to-day operations. Optimize your time by working with one simple SmartSource so your company can scale quickly and easily. Choose a-la-carte, or customize a bundled solution. We look forward to helping you grow your business.
We are seeking to help solve your CannaBusiness growth needs, looking for expert consultants and solution providers to add to our network. Welcome your feedback.
Cannabis SmartSource offers a no-cost expert cannabis consultant custom tailoring your growth-map and helping you build your CannaBusiness dream team. CSS is a convenient one-stop solution, accelerating your CannaBusiness growth while you focus on running day-to-day operations. Optimize your time by working with one simple SmartSource so your company can scale quickly and easily.Whether a dispensary seeking more patients or expanding locations, a grower looking for buyers or funding to acquire more facilities, a brand seeking distribution or expert consultants and resources to grow, that’s what we do.
Based on the type of business we utilize many personal funding and asset backed options. Some businesses can qualify for corporate credit. Whether debt or equity we analyze the A,B.C’s of funding. Assets, Business Revenue and Credit profile.
If a CannaBusiness operator has real estate, and/or licenses and experience we have groups of funders for both debt and equity transactions. If not we are looking primarily at credit based and income based options
We also have some amazing equipment financing options as well. If AllGreen Funding can’t get funding for a project the only other options is friends and family because we analyze literally every program
Nick, great question. There are so many CannaBusiness opportunities at the moment that raising equity is challenging with favorable terms, therefore I would say it’s a buyer’s market meaning investors have the upper hand since there is still much uncertainty with the industry. We get structured debt financing for single digit interest so why give up all your equity when debt is an option. Exhaust debt first is our position if you want guaranteed funding
Hunter all of our funder and lending partners have strict due diligence and underwriting guidelines to protect against these types of unethical practices
Good credit profile helps whether debt or equity because it tells the operators story. Real estate with equity, strong and well kept financial records, reporting and depositing income into a business and/or personal bank account
We have options for people with sub par credit as well. Real estate, retirement assets, stock portfolios, existing equipment can be used no matter the credit profile
Thanks for hosting this AMA on a great topic! Can you comment on the availability or opportunities for “sandbox” money for companies to explore early product development, marketing efforts etc? What types of things would investors, that are willing to contribute early money, like to see out of these companies?
@AllGreenUSA Could you please share some of your public resources / research with us? You are welcome to reply with links or upload the actual files. We want to include them in our knowledge base for cannabis businesses in the future looking for funding.
Nick I would agree with this article because there is a lack of professional and well rounded CannaBusiness operators. Funding is only a component to business success which is why we developed the www.cannabissmartsource.com to help make informed B2B decisions and scale your growth with the right team.
If you’re that early phase and don’t have friends and/or family investors we highly recommend exploring debt options. Every CannaBusiness is poking investors in the eye with their investment pitch deck and the investors are apprehensive
