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How To Finance A Medical Marijuana Dispensary

    Erica Seppala
  • UPDATED

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Erica Seppala

Erica Seppala

Expert Analyst & Reviewer at Merchant Maverick
An expert in accounting, finance, and point of sale, Erica has been researching and writing about all things small-business since 2018. Erica's insights into personal and business finance have been cited in numerous publications, including MSN, Real Simple, and Reader's Digest. She is a graduate of Limestone College.
Erica Seppala
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6 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Tombstone Karl

    The nature of cultivation businesses is that they are loaded with upfront costs with no return on that investment until much later when compared to dispensaries or cannabis manufacturing businesses.

      Ravi Kumar

      Thanks for providing us with the information.

        peterboyce

        Thank you, for putting together everything in Cannabis tech providers shaping the industry in Europe. I think you have covered all the major points in this article, I will share this with my network as well.

          Gregory

          Is there special programs for minorities?

            This comment refers to an earlier version of this post and may be outdated.

            Emily Hale

            Hi Gregory,

            Unfortunately, we aren’t aware of any loan programs that would fund a medical marijuana dispensary, specifically. Because of state and federal laws being non-harmonious, a loan from the Small Business Association (a government loan program) is not going to be an option. My recommendation is to explore crowdfunding options or if your business focus wasn’t in medical marijuana, check out the SBA Loan Types. The SBA offers a wide variety of loans for a person of color who would like to start a business, but again, not for medical marijuana. I hope this helps and best of luck on your search.

              This comment refers to an earlier version of this post and may be outdated.

              REI Capital

              Hi Gregory, we’ve funded Cannabis real estate transactions nationwide. While we dont fund the business side we can assist you with your real estate capital needs for purchase and refinances.

              All the best!

              REI Capital Team

              Comments are closed.

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