Travis Goad

Pelorus Capital Group announced it priced the first-ever securitization for cannabis-linked real estate assets. Pelorus retained a third of the $70 million offering, selling $45 million of bonds (“PCG 2023-1”), which attracted a range of institutional investors and hedge funds. The one-...

The cannabis industry has been affected by disruptions in the banking industry and changes in funding sources. Valley National's recent $72 million loan to Truly “is of particular interest, as it represents a significant move out of the shadows for banks in the cannabis industry,"...

Cannabis REITs are growing like weeds amid an uncertain regulatory landscape.  Several cannabis execs talked about the advantages of the REIT structure Wednesday at Benzinga's Cannabis Capital Conference in Chicago. What To Know: REITs, or Real Estate...

Pelorus Equity Group, a company that provides real estate loans for cannabis, has closed its S$15.8 million debt financing agreement with TransCanna Holdings Inc.  (CSE: TCAN) (XETR: TH8) , a California-based cannabis company. The loan proceeds will be used to refinance and develop...

One key component for U.S. cannabis investors is which markets to target in a complicated and convoluted environment in which each state has its own unique set of rules, regulations and laws. "It's not static," John Lykouretzos, CEO of FocusGrowth Asset Management, said during a panel...

At the Benzinga Cannabis Capital Conference Thursday, a panel of cannabis industry experts discussed the nuances of the cannabis debt market. The panel discussion included John Lykouretzos, CEO of FocusGrowth Asset Management; Travis Goad, managing partner at Pelorus Equity; Jack Mascone, head of...

Pelorus Equity Group, a company that provides real estate loans for cannabis business, announced Wednesday the upsizing of its mortgage real estate investment trust Pelorus Fund, by increasing its offering to $1 billion from the previous $250 million. The news comes on the heels of becoming the...