Money Doesn’t Grow On Trees, But It Helps Grow Your Cannabis Business: New Partnership Expands Access To Lending
Green Check Verified announced on Wednesday that is has entered into an exclusive partnership with CTrust, the cannabis industry’s first credit rating and risk monitoring agency and Coda Capital Advisors, a company that provides institutional debt capital to the cannabis industry.
The new partnership will provide a platform for financial institutions to start lending to compliant cannabis-related businesses (CRBs) in as few as 60 days. Green Check is a cannabis-focused provider of financial service solutions and insights.
The collaboration incorporates Green Check’s industry data and lending policy guidance, CTrust’s risk-based pricing engine and credit rating and Coda’s innovative loan participation program.