Posted over 5 years ago

Medical Marijuana: The Latest Money-Making Craze for Arizona Investors

Jump on the medical marijuana train and find out how you can get a cannabis business loan in Arizona to begin your career in the quickly-growing cannabis industry.

Medical marijuana has taken over as one of the fastest growing industries as it becomes legalized in different states around the country. Arizona, for example, is on the list of states that, while not legalized for recreational use, is booming in the medical marijuana business due to the high number of dispensaries opening across the state.

How are business owners funding this latest venture? Some of them are turning to hard money loans, and more specifically cannabis business loans to get started. The process of opening a dispensary or other cannabis related business takes time with state and county-issued paperwork and approvals but getting funding for your business could be quick and easy!

Understanding hard money loans

If you’re not familiar with hard money loans, they’re pretty simple to grasp. We take a look at your finances and collateral and make funding decisions based on those qualifications rather than credit scores and other information that traditional lenders use.

We also fund your quickly so that as soon as your license is in place, you can get started! Traditional loans can take weeks to be funded, leaving you at a stand-still while you wait on your money.

Research cannabis licenses

You’ll also want to be up to date on what’s required by the state and your county as far as obtaining a cannabis license so that you can have your information ready to apply as you’re applying for your cannabis business loan. Understanding Arizona regulations will be key to making sure you’re on track to open your business once funding and approval comes through.

If you’d like to learn more about , contact us here at Level 4 Funding. We would be happy to walk you through the application process and help you better understand how we can assist you in making your financial dreams come true!

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
[email protected]
Dennis Dahlberg Broker/RI/CEO

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.