One of the greatest challenges facing startup cannabis businesses is gathering the capital to start and sustain operations until they achieve profitability. Real estate, high-tech equipment, and skilled labor are all expensive inputs required to maintain a successful operation whether you are a cannabis cultivator, manufacturer, or testing facility.
To help these cannabis businesses, the State of New Jersey is preparing to launch a fixed-interest financing program called the “New Jersey Lending for Equity, Access, and Financing Program,” or NJ LEAF. Funding is ...
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