Pelorus Capital And The $500 Billion Opportunity
In this podcast, we visit another one of our highlights recorded during the Benzinga Cannabis Capital Conference in Chicago at the end of September. The Windy City hosted a great conference with a lot of big and familiar faces ready to talk all things canna. We had the honor of sitting down with two members of Pelorus Capital Group who you may remember: Rob Sechrist, the President and Co-manager, and Travis Goad, the Managing Partner.
Pelorus Capital, a major player in the cannabis real estate finance space, is gearing up to take on the burgeoning competition. Rob and Travis explain how their company is introducing a unique blend of debt and equity tools, with a particular focus on securitization.
Securitization in the cannabis industry is something many felt a change in legislation would be required to achieve. Of course, since politics have their part to play, the latest legislative developments and their profound effects on the cannabis sector have a part in the conversation as well. A vast $500 billion CMBS market is on the horizon, and this could dramatically impact investors’ opportunities.
Pelorus’ strategy aims to sustain double-digit returns and lower interest rates. The importance of educating investors about the company’s risk profile and transactions plays a crucial role. As we explore cannabis industry reform and securitization, we uncover potential bottom-line benefits, including substantial tax return increases.
Positive catalysts like the HHS recommendation to reschedule cannabis, and movement on SAFER Banking is propelling optimism and momentum in the industry, but securitization takes center stage, with its potential to inject a staggering $500 billion into canna real estate. This could promise lower costs for borrowers and higher returns for investors.
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