A year later, the merger with Sweet Leaf Capital answers initial buzz as it fuels growth in an exciting and mature industry.
DENVER, Sept. 20, 2022 (GLOBE NEWSWIRE) — A year ago, Madison Ventures+ (MV+)Sweet Leaf Madison Capital, an innovative private/venture equity boutique that combines capital investment with hands-on collaboration, is a leading asset-based specialty finance firm focused on the capital-constrained legal cannabis industry in the United States. successfully completed a managed investment in A coalition of his two veteran teams, Sweet Leaf and MV+, formed. Sweet Reef Madison Capital (SLMC)based on Sweet Leaf’s extraordinary track record in this highly specialized industry.
Brian Gordon, Founder and Managing Director of MV+ and Chairman and CEO of SLMC, said: “With decades of institutional investment and wealth management experience in the specialty financial sector, it seemed a natural fit for MV+ to join forces with the experienced and cannabis-savvy team of Sweetleaf professionals.”
Sweet Leaf was founded in Denver in 2015 by Ted Harris and Gabe Selko and was one of the first privately owned direct lenders in the cannabis industry. Sweet Leaf initially focused on financing equipment leasing, but has grown to become one of the largest and most active equipment leasing companies dedicated to the cannabis industry. After partnering with MV+, SLMC expanded its offering to include mid-market real estate financing from seed to sale and senior secured term loans.
SLMC is currently evaluating dozens of opportunities in real estate, equipment financing and growth capital. A meaningful and highly profitable portion of SLMC’s originations comes from the company’s Preferred Vendor Program. In this program, a cannabis equipment manufacturer programmatically refers customers with financing needs to his SLMC. The program is designed from the ground up to help growers, processors, and other cannabis entrepreneurs monetize the tremendous amount of time, effort, and expense that goes into obtaining a license in a highly competitive environment. of particular relevance to emerging adult-use states that need funding for
There is no better time for experienced and sophisticated lenders to step in and meet the rapidly growing and unmet needs of the nascent cannabis industry. SLMC Chief His Commercial Officer Andrew Kaye said: “Leveraging our extensive industry network, leadership, industry knowledge, financial and business operations expertise, SLMC has leveraged its extensive industry network, leadership, industry knowledge, and financial and business operations expertise to meet the challenges of the last year We have been able to scale rapidly, and this is just the beginning.”
About Madison Ventures +
Madison Ventures + (including its predecessor “Madison Ventures +” or “MV+”) was founded in 1996 at 400 Madison Avenue in New York City. Founded on the philosophy that you need execution. With over 26 years of history, MV+ has established a strong track record of successfully building and revitalizing niche business platforms and assets through capital investment, thought leadership, active collaboration, and “strong backing.” rice field. MV+ is a pioneer in the private/venture equity industry, adopting a fundless investment model utilizing bespoke direct investments through SPVs rather than funds. Madison Ventures+ has repeatedly identified high off-market, risk-adjusted return investment opportunities in a wide range of overlooked sectors of real estate, specialty finance, healthcare innovation and wellness, and other industries. Since inception, MV+ has achieved an average annual return of more than 35% on approximately $1.9 billion of invested capital, with a loss rate of less than 5%. Madison Ventures + is a trusted and innovative boutique private investment partner.
For more information, visit Madison Ventures+. online, e-mail Keep Teams or Conversations LinkedIn.
About Sweet Reef Madison Capital
Sweet Leaf Madison Capital brings customized “seed-to-sale” asset-based financing to the underserved middle market of the cannabis industry by structuring equipment financing, real estate loans, and senior secured term loans. We provide solutions. The company is based in Denver, with offices in New York City and West Palm Beach. For more information, visit Sweet Leaf Madison Capital. online or continue the conversation LinkedIn.
contact: Jim Desset