Pelorus Equity Group

Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) confirmed Monday it will buy UL Holdings Inc. ("Urbn Leaf"), a top California cannabis retailer and LPF JV Corporation ("Loudpack"), the company behind several award-winning cannabis brands in California. Upon completing the...

Pelorus Equity Group, a company that provides real estate loans for cannabis business, announced Wednesday the upsizing of its mortgage real estate investment trust Pelorus Fund, by increasing its offering to $1 billion from the previous $250 million. The news comes on the heels of becoming the...

Pelorus Equity Group, a company that provides real estate loans for cannabis business, said Thursdayits mortgage real estate investment trust Pelorus Fund is the first company in the cannabis sector to secure up to $20 million line of credit with a FDIC insured bank at 4.75% and no non-usage fees...

At the Benzinga Cannabis Capital Conference Thursday, Rob Sechrist, president of Pelorus Equity Group and co-manager of The Pelorus Fund, Anthony Coniglio, CEO of Newlake Capital Partners Inc (OTCQX: NLCP) and Robert Holmes, CEO of Viridescent Realty Trust participated in a panel discussion of the...

Pelorus Equity Group, a provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced that its Pelorus Fund, a private mortgage real estate investment trust, has entered into a $19 million construction-...

Accessing capital through traditional methods like equity or debt financing has become increasingly difficult for cannabis businesses.  On Monday, a panel of experts gathered online at the Benzinga Virtual Cannabis Capital Conference to discuss alternative solutions to accessing capital and...

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.   Pelorus Equity Group, an asset-based lending company, has been proving secured term-loans in the cannabis real estate space since...

Tilray Inc (NASDAQ: TLRY) dominated news in the cannabis sector this week after its stock went on a wild rollercoaster ride. Even talk about The Coca-Cola Co (NYSE: KO) exploring entry into the marijuana industry took a back seat to the action in Tilray’s shares. The company’s...