Chicago Atlantic Group, a strategic capital provider is working to create a successful debt brand in the cannabis space. The company was founded 18 months ago and now the direct lender has committed more than $60 million in loans. The principal John Mazarakis spoke with New Cannabis Ventures about the Chicago Atlantic portfolio and investment approach. In the interview, Mazarakis explains how the firm has done deals ranging from $700,000 to $30 million, diversified portfolio across 15 states and across the cannabis industry; focusing on not only dispensaries but also cultivators and ancillary businesses. Furthermore, the firm also has skin in the game, investing its own money, alongside its network of co-investor and works with alternative finance hedge funds, as well as some institutional funds.
– New Cannabis Ventures, 08/07/2020 1:12:45 PM