SAN DIEGO—According to panelists at the recent CCIM Global conference, from a commercial real estate investor perspective, access to capital remains "a real challenge" for cannabis real estate. According to panelists, the typical cannabis entrepreneur can't just go to a bank and ask for a small business loan. "There is no traditional access to debt."
The access to equity is as much of a problem too, panelists explained, with one noting that as long as it remains federally illegal, it will continue to operate a little shady, (in terms of what you do with cash). But according to Wendy Berger, CEO and president of WBS Equities, from a real estate perspective, that is exactly where the real opportunity is.
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