SAN DIEGO—According to panelists at the recent CCIM Globalconference, from a commercial real estate investor perspective,access to capital remains "a real challenge" for cannabis realestate. According to panelists, the typical cannabis entrepreneurcan't just go to a bank and ask for a small business loan. "Thereis no traditional access to debt."
The access to equity is as much of a problem too, panelistsexplained, with one noting that as long as it remains federallyillegal, it will continue to operate a little shady, (in terms ofwhat you do with cash). But according to Wendy Berger, CEO andpresident of WBS Equities, from a real estate perspective, that isexactly where the real opportunity is.
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