Close Date:

January 10, 2023

Cannabis Chain Store

Loan Purpose:

Construction

Asset Class:

Cannabis CRE

Loan Amount:

$8,000,000

Details

AVANA Companies closed an $8MM loan for a cannabis store in Cambridge, Massachusetts. Funds were used for property improvements and to acquire equipment to support thecompany’s grow facility.  AVANA Capital’s cannabis financing and dispensary loans empower entrepreneurs to navigate the challenges of the cannabis industry through reliable, flexible, and affordable solutions. We want entrepreneurs to reach their full potential and succeed in their cannabis business ventures.