The CBD Market has grown exponentially over the past 5 years. This demand is opening up a need for purchase order financing for the Cannabis industry. Suppliers are bombarded with orders and need additional capital to keep up with demand.
Once an “alternative medicine” it has now become mainstream. Cannabidiol (“CBD”) can be found on the check out counters at major drug retailers, your local veterinarian’s office and neighborhood liquor store. Benefits are numerous and have been linked to relieving pain, reducing anxiety and depression, possibly alleviating cancer symptoms and even support heart health.
Hemp-derived CBD products (with less than 0.3% THC) are legal on the federal level, but are still illegal under some state laws. The federally legal CBD is where all the growth is. Demand for purchase order financing for the Cannabis industry is outpacing capital supply in some cases.
Huntington Coast Capital secures financing for the Cannabis industry. Financing for equipment, real estate and supply chain lines are also available. If your company could benefit from purchase order financing for Hemp and CBD products, we would like to assist in the growth of your business! Call us to discuss your financing needs (844) 239-2632 or complete your inquiry online.