Socotra Capital is the premier private money lender on cannabis investment properties.
We know that thousands of people are continuing to pour into this industry, which shows no signs of slowing its growth. While many industries, such as manufacturing and agriculture, are projected to see significant declines, American cannabis is expected to create more than 250,000 new jobs in the next three years.
Warehouses that might once have been expected to house industrial operations and storefronts intended for boutique retail establishments will instead be filled by a vast array of cannabis-related businesses.
Here at Socotra Capital, we recognize the financial value of taking advantage of the opportunities offered by cannabis. If you are interested in buying real estate to lease out to a cannabis operator, give us a call.
If you have a client who is looking to start in cannabis—or you yourself are interested—get in touch with us. We can help you with the capital necessary to make a play in this emerging market.
Cannabis—recreational or medical—is now legal in more than half of U.S. states, and is a booming market.
Cannabis is currently permitted for medical use in 35 states, and has been approved for recreational use in ten, including California and Nevada. Cannabis is anything but a niche industry. In 2018, the cannabis industry was valued at more than $10 billion, and was anticipated to exceed $16 billion in 2019.
Socotra Capital wants to help you find your slice of success in this booming industry by providing you with the lending solution you need to purchase industrial properties suitable for leasing to cannabis cultivators.
We can help you understand the realities of commercial cannabis real estate, and avoid all too common investment errors.
To secure your investment and ensure that you have contingencies in place, these properties should be functional for uses other than cannabis cultivation or production. Industrial buildings, such as concrete tilt-up, are ideal targets. But no matter what scenario you have in mind, give us a call.