Pelorus Equity Group Announces $19 Million Construction-Financing Loan with Item 9 Labs Corp., a Vertically-Integrated Operator that Produces Award-Winning, Premium Cannabis Products – StreetInsider.com

Pelorus Equity Group Announces $19 Million Construction-Financing Loan with Item 9 Labs Corp., a Vertically-Integrated Operator that Produces Award-Winning, Premium Cannabis Products

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 8/28/2021


The Leading Provider of Value-Add Bridge Commercial Real Estate Loans in the Cannabis Sector Also Announced It Has Completed 55 Loan Transactions and Deployed $204 Million, Comprising 1,750,000 Sq. Ft. in Eight States August 26, 2021 8:30 AM EDT
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

NEWPORT BEACH, Calif., Aug. 26, 2021 (GLOBE NEWSWIRE) — Pelorus Equity Group (“Pelorus”), the leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced that its Pelorus Fund, a private mortgage real estate investment trust (“mREIT”), has entered into a $19 million construction-financing loan with Item 9 Labs Corp. (OTCQX: INLB) (“Item 9 Labs” or the “Company”), a vertically integrated, cannabis dispensary franchisor and operator that produces premium, award-winning products.

The proceeds from Pelorus’ high-performance loan

Read More Here...

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top