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Avana Companies are pleased to announce the closing of a $5 million loan package with an established vertically-integrated cannabis operator based in Massachusetts. The well known brand will use the funds to further accelerate its growth.
The organization has a proven track record and operates a 70,000 square foot cannabis cultivation facility coupled with on-site and off-site retail dispensary storefronts that serve both medical and recreational cannabis markets.
AVANA is proud to help and support the growth of this cannabis business and other cannabis businesses across the nation.
AVANA 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.
| Loan Amount | $5,000,000 |
| Loan Purpose | Cash-Out Refinance |
| Loan Type | Cannabis CRE |
| Project Date | June 4, 2022 |