KushCo Holdings, a company that sells packaging and supplies to the cannabis industry, would love to borrow money from a real bank. CEO Nick Kovacevich wants to secure up to $30 million in revolving credit, so he can hire more employees and build new warehouses. But a line of credit or loan of that size isn’t an option because traditional banks are not willing to lend to marijuana businesses. Even though Canada legalized recreational marijuana…
via Tumblr Cannabis in Canada: Big Banks Are Missing a Boom
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AuthorI have served the country for many years. A year ago I was battling with cancer and thankfully I found a solution to heal my illness and wanted to help others who have gone through what I've been through. Archives
May 2019
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