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Archytas Ventures Gets Loans To Capital-starved cannabis Producers

by forbes.com posted 6months ago 36 views
Cannabis Equipment is expensive, and loans are especially tough to get for start-ups in the industry. : As a hedge fund manager in New York, Tim Rotolo was used to looking for undervalued assets and inefficient capital structures. In the nascent legal cannabis industry, he thinks he’s found both. In early 2017, Rotolo teamed up with Antony Radbod, and David Kivitz to create an investment and holding company Archytas Ventures. Their first venture has been to lease cannabis extraction equipment to companies in the loan-starved industry. “Equipment is the guts of the cannabis growing and processing business,” said Rotolo.