Founded in 2018, Bespoke Financial is the nation’s first fintech lender focused on the cannabis industry.
George has over 14 years of experience in the financial industry with a specific focus on asset-based lending, off-balance sheet financing of commercial assets, and structured credit.
Bespoke has financed more than $800M in GMV across the US cannabis industry and is on track to deploy $1B by end of year 2022 via their revolving lines of credit.
Bespoke Financial is the first FinTech lender focused on the cannabis industry. The cannabis industry is growing quickly and projected to be a $40+ Billion dollar market by 2024 and a $100+ Billion market by 2030. Bespoke Financial provides companies flexible financing (ex. working capital), similar to how Square provides small businesses financing and how Affirm provides consumers financing.
Bespoke Financial already serves businesses across 14 US states (adhering to all state regulations), which covers 80% of the US cannabis industry. In the past year, Bespoke Financial's revenue increased +420% YoY (as of June 2021) and continues to scale rapidly as more states legalize cannabis use. With more states expected to legalize cannabis, the company is on track to continue its rapid growth.
Guest:
George Mancheril, CEO + Co-Founder Bespoke Financial
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Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
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Episode 998 The #TalkingHedge...
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
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Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
Financing the Cannabis Industry
Теги
Cannabis BankingCannabis InvestmentCannabis IPOCBDTHCCannabisMarijuanaHempCannabis NewsMarijuana NewsCannabis BusinessMarijuana BusinessPot StocksCannabis StocksMarijuana StocksCannabis Industry NewsMarijuana Industry NewsTalking HedgePodcastInternational CannabisCannabis ExportsCannabis ComplianceCannabis DataRisk Adjusted ReturnsCBD Beverages