The Pelorus Equity Group, one of the leading providers of commercial real estate lending for the cannabis sector, gives us a full-access facility tour. They also show us the impact they have made on Desert Springs as this humble Californian city that was on the verge of bankruptcy as little as 5 years ago but has since seen major growth thanks to the cannabis industry.
Today, Desert Springs is seeing a growth of entrepreneurs and as a result over 40% of the annual revenue is being driven by the cannabis sector. Pelorus Equity Co-Founder and Managing Director Rob Sechrist walk us through where it all began for them and the jobs that the city is creating.
The Pelorus Equity Fund launched back in 2018 and has grown to over $370,000,000 in lending assets over the past 3 1/2 years.