cannabis financing rate cut

Cannabis Financing Rates Drop with Decrease in FED Base Rate

The Federal Reserve finally lowered base rates by half a point on September 18th 2024. Will this provide relief for cannabis businesses looking for financing?

The answer is yes, and no.

 
What Does the Base Rate Decrease Mean for Cannabis Financing?
Through the last six or so years we’ve been advising our cannabis clients that the average rate for average risk is …