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$2.0MM – $2.5MM Funding needed for Cannabis Business

Silicon Valley

$2.0MM - $2.5MM Funding needed for Cannabis Business

Fast growing Cannabis Wellness Company. They did about $640K in EBITDA last year and have a cash reserve of $1.7MM. They are looking for either a $2MM-2.5MM to take out an existing lender. Alternatively, they could take on a $500K debt instrument and the existing lender would convert to equity. Nationwide Sales. Business only, no real estate attached
Dec 20, 2024

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