Canna Business Resources Provides Non-dilutive Capital for an Array of Unmet Needs

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

As the cannabis landscape shifts from a legality perspective and opens up new entrepreneurial opportunities, it’s become clear that there’s not enough institutional capital or banking to satisfy all legit needs of growing businesses. That’s where Canna Business Resources (CBR) comes in. 

Niche but Necessary

CBR advertises $150,000 – $15,000,000 funded in 2-3 business days, 60 seconds or less, and it’s free. Apply Now. Sounds too good to be true? Not at all. CBR works hard and has the capital to provide creative solutions and support for both new and experienced entrepreneurs in the cannabis industry. 

With clients in every state in which cannabis is legal and offering ​​essential resources such as financing, processing solutions, and banking options, CBR has become a leader in its industry. 

The business of providing capital to cannabis companies should be booming. The demand is high and growing by the day. However, with state-to-state regulations constantly changing, making them difficult to keep up with and adhere to, and most banks not yet in the game as we inch toward federal legalization, CBR finds itself low on competition. 

CBR has the ability to provide non-dilutive capital from small to large amounts, to new and established businesses alike.

“CBR is extremely unique in the fact that we are able to lend to all asset classes. We can tailor-fit a facility based on each individual customer and are not confined to lending to one specific asset class or vertical. We are a working capital lender, blending solutions that don’t permeate the equity of the business and its owners. That’s what makes us unique — we don’t dictate the use of the capital,” explained CEO and founder, Andrew Fellus.

Staying Flexible but Stable

So how does CBR keep up with the changing tides? 

“For us, it's about flexibility and diverse product offerings. Since I started, maybe a year ago, we’ve developed three new product offerings,” mentioned Parul Jaggi, Chief Business Officer. 

One of CBR’s most recent new offerings has been mergers and acquisitions (M&A). 

“Recently, we began seeing a larger need for M&As, especially for small and medium market companies. There are unique situations, groups looking to acquire operators or to become an MSO through M&As for example. The cost is higher in certain markets and so it makes sense to grow,” explained Fellus. 

“But there’s a gap for the small and medium sized operators, and very little strategic equity capital for them. We have provided, and continue to provide, finances for each company's specific entrepreneurial needs, and we will continue to widen our product offerings to move with the times.”

While CBR has only been around for 3 years, it’s derived from a much larger and well-seasoned company with over 20 years of experience and a great deal of capital. This allows the company to control its capital, giving it freedom to cater to each client's specific needs. Having the ability to see the entire supply chain, CBR can get funds released to its clients immediately.

In a blooming market growing at such a rapid pace, there is a major scarcity in options available for businesses to expand and thrive. CBR is prepared to fill these needs and support each business in accessing its full potential. 

Visit https://cannabusinessresources.com/ for further information. 

Photo by Ryan Lange on Unsplash

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.