Rob Sechrist

Sen. Steve Daines (R-MT), co-sponsor of the bipartisan cannabis banking bill, says the Secure and Fair Enforcement Regulation (SAFER) Banking Act will remain on hold until there's more certainty of its acceptance in the GOP-controlled House of Representatives. Daines made the...

Cannabis companies led by teams who understand the importance of cash flow and how to work a balance sheet while keeping things "lean and mean" are "going to be the winners." That's according to Jessica Straw, EIR director at Progress Partners, who joined the Benzinga...

The issue of marijuana banking has been a pressing concern for the cannabis industry for the past several years. Passed seven times on a bipartisan basis in the House of Representatives, the SAFE Banking Act has never quite had enough support to make it through to the...

Instagram has reportedly banned Curaleaf Holdings Inc.'s (OTCQX: CURLF) primary active account, citing a breach of its community guidelines. "Per a source familiar with the decision, Instagram banned @Curaleaf_Inc's main active account within the past hour," recently tweeted...

Rob Sechrist, from what we've observed, loves talking about how market pressure - such as it is these shaky days - is not an obstacle for what he calls "the cannabis REIT parade." President of Pelorus Equity Group and co-manager of the Pelorus Fund, a cannabis...

Pelorus Equity Group,  a company that provides real estate loans for cannabis businesses, has provided $16.975 million of non-dilutive real estate debt financing to Royal Emerald Pharmaceuticals for the purchase of a new facility location in Desert Hot Springs, California. Formerly a Kmart...

At the Benzinga Cannabis Capital Conference Thursday, Rob Sechrist, president of Pelorus Equity Group and co-manager of The Pelorus Fund, Anthony Coniglio, CEO of Newlake Capital Partners Inc (OTCQX: NLCP) and Robert Holmes, CEO of Viridescent Realty Trust participated in a panel discussion of the...

Accessing capital through traditional methods like equity or debt financing has become increasingly difficult for cannabis businesses.  On Monday, a panel of experts gathered online at the Benzinga Virtual Cannabis Capital Conference to discuss alternative solutions to accessing capital and...

No significant brand exists in the cannabis space. That was the eye-opening statement JW Asset Management President Jason Wild made Monday at the Benzinga Cannabis Capital Conference in Miami Beach.  Wild's rationale: when a brand drops out of any dispensary, the store won't see a...