The Dales Report
Cannabis Fund Providing Positive Return
In this Trade to Black podcast, we once again sit down with Rob Sechrist from Pelorus Equity Group to further our conversation from the Benzinga Conference two weeks ago to better understand the current investment state of Cannabis and the best way of fixing it.
What we did learn in this interview was how lucrative the private side is performing in comparison to equity investing. You might not know that Rob Sechrist's firm, Pelorus Equity Group, specializes in a mortgage lending model for the industry, otherwise known as a REIT.
In the past 2 1/2 years, their fund has grown from $36m to over $300m, and in the next 12 months, their growth trajectory is to eclipse over $1 billion dollars and trending to provide annual returns north of 15%.
How are they doing it? He explains further.