696: Strong Returns In One Of The Fastest Growing Industries In The Country

When there’s a growing industry with a high demand for capital and few sources available, it creates an opportunity for solid risk adjusted returns. A current example is cannabis, one of the country’s fastest growing industries. For complex regulatory reasons, banks are not permitted to make loans in this industry. As a result, there’s a vacuum for private lenders to make loans to this category at 12-15% interest that can include further upside upon payoff. Chris Reece, Founder and CEO of MJ REIT, is a finance professional with over 29 years of experience, MJ REIT operates with a focus on state-legal cannabis markets, targeting industrial and retail commercial properties.