Condos & Cannabis: The Parallel Challenges Of Raising Capital In The Marijuana Market
Over the last 6 months, raising capital in the cannabis market has been a lot like raising capital to buy condos during the depths of the recession.
Over the last 6 months, raising capital in the cannabis market has been a lot like raising capital to buy condos during the depths of the recession.
Marijuana applicants are often desperate to lock up space, willing to bid up rates well over market value in order to price out a rival.
With its massive network, Cumberland Farms apparently wants to sell more alcoholic beverages and has successfully placed a question on the 2020 ballot that could lift the state’s cap on the number of liquor licenses that can be owned by a single retailer, and also forge a new class of beer and wine license for food stores
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