The cannabis industry is booming. Here's how to use cannabis loans get in on the action and build wealth in it.
It might be the understatement of the century, but we'll say it anyway — the CBD and legal marijuana industry is blowing up. In fact, numbers suggest that legal marijuana had an economic impact of $20 to $23 billion in 2017. That number is expected to grow to $77 billion by 2022. That tops the total sales of organic produce, Oreos, video games and doughnuts.
Perhaps even more exciting are the numbers for CBD, a product that doesn't face the same legal gray areas that marijuana does (though 77% of Americans now support legalization). CBD products brought in $591 million in 2018 according to the Brightfield Group. Studies predict that that number should grow to $22 billion in just four years by 2022. The represents an astronomical compound growth of 147%.
So, we can all agree. It's a business that's going to take off in the coming years. But how can you use that to build wealth, especially if you're someone without a ton of capital or a less-than-stellar credit score? Here's how.
Hard Money Cannabis Loans Might Be the Answer
Hard money cannabis loans, like most private loans, are based on collateral, not your credit score or past financial history. That means the dream of getting rich in the legal marijuana and CBD industry is within reach for anyone. There are several advantages to going this route instead of the banks:
● You have a much better chance of getting approved
● When you're approved, you can get your funding faster; sometimes in a matter of a week
● There's no begging, no jumping through hoops and no stress
● You won't be slammed with tons of upfront and junk fees
Call Today for a Hard Money Cannabis Loan in Arizona
Here at Level 4 Funding, we have extensive experience in the cannabis industry, having been involved since the very beginning. Our loans are flexible and designed to work for you. Interest rates for cannabis loans start at just 7.99%. So, what are you waiting for? Speaking with us on the phone, chatting with us online or using our free quick loan application on our site doesn't cost you a thing. Contact us today and see how we can help!
Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
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