Canna Real Estate Fund, LP

Investing in the Future of Cannabis Real Estate. INTRODUCTION TO OUR COMPANY Canna Real Estate Fund, LP (the “Company” or the “Fund”) was formed to address the capital and liquidity needs of cannabis-oriented businesses. Many states have moved to legalize cannabis for medical or recreational use. However, there is a federal prohibition against cannabis. Although the Department of Justice and Congress have taken measures to allow companies to operate without the threat of federal prosecution in states that have passed laws legalizing cannabis, the federal prohibition precludes federally insured financial institutions and other entities that are required to follow federal law from transacting with the industry, forcing many cannabis businesses to lockup large amount of equity capital in their real estate that are otherwise needed for their operations and expansions. Through long-term leasebacks structured as absolute triple net (“NNN”) leases, the Fund seeks to unlock capital tied up in real estate for these businesses. The Fund may also seek opportunities to partner with development companies that are building grow, cultivation and dispensary facilities. The Fund’s investment objective is to provide investors with an above average rate of return on both an absolute as well as risk adjusted basis, with a focus on delivering long-term appreciation and annual cash flow. The fund will purchase farms, farms with greenhouses and in some cases, indoor grow facilities. The general partners have targeted unlevered IRR of 15.7% and a preferred return of 10%. DISCLAIMER: This advertisement is not an offer to sell, or a solicitation of an offer to buy, securities. Offers can only be made through a Private Placement Memorandum and in accordance with all applicable securities and other law. An investment of this sort is speculative and involves a high degree of risk. In addition, there are special risks associated with investments connected to the cannabis business, including without limitation: (i) marijuana remains illegal under United States Federal Law even in those states in which the use of marijuana has been legalized; consequently, (ii) the potential enforcement of Federal Law could include seizure of property leased to a cannabis business, as well as an operator’s personal property and inventory, and the closure of such business, (iii) it is unlawful under Federal Law to lease property to be used to operate a cannabis business and lessors of property aware of a lessee’s cannabis business activities could be deemed to be facilitating the selling or distribution of marijuana in violation of the Federal Controlled Substances Act, or constitute aiding or abetting, or being an accessory to, a violation of that Act, which could constitute a criminal offense, and (iii) changes in state, county, city or local laws could result in a cannabis business being unable to obtain or maintain the necessary licenses, permits, authorizations, etc. to operate its business, which could have a material adverse effect on its business operations rendering it unable meet its financial obligations.

网站

https://cannarefund.com/

Canna Real Estate Fund, LP的外部链接

所属行业

投资银行业务

规模

2-10 人

类型

私人持股

创立

2016

领域

Real Estate Investment、Cannabis Industry、Real Estate和Investment