Altmore To Provide Funds For Booming Cannabis Businesses, Closes Its First Cannabis Debt Fund
Altmore Capital has closed its first cannabis debt fund providing plant-touching businesses with additional funding options. The Virginia-based company exceeded its expectations by more than 200% with the new fund available to plant-touching businesses that generate over $10 million in revenue. Rob Shuler, the co-managing partner at Altmore Capital, explained that their mission is to "provide transformational capital for a large number of cannabis companies that are evolving into strong cash flow operations." The booming cannabis industry is heavily affected by federal laws and restrictions...
Source: benzinga.com