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Benzinga
Benzinga
Business
Javier Hasse

$10M To Revolutionize The Future Of Cannabis Cultivation Facility Construction: Upwise Capital Funds Rainbow Realty Debt Facility

Upwise Capital, a debt financing solution company for marijuana-related businesses, is helping to pioneer the modernization of cannabis cultivation facility construction.

The company recently funded a $10 million 1st Lien Position Construction Loan with Rainbow Realty Group (at 11.5% fixed interest only) to National Green Source —a Colorado-based, vertically integrated cannabis operator, which transformed an old Pepsi (NASDAQ:PEP) bottling center into a cutting-edge marijuana cultivation facility - the first of its kind.

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