Denver firm acquires Marijuana Funding Inc.
Last Updated: 18:05 June 6, 2014
Terms of the deal were not disclosed, and an official for Infinex could not immediately be reached.
Marijuana Funding Inc. specializes in funding medical and recreational marijuana companies. The company provides loans and conducts private-equity deals and public offerings.
"Our goal is to be able to provide a complete solution to our potential clients," Infinex Ventures' president, Ron Salem, said in a press release. "The addition of Marijuana Funding to our team allows us to offer to our investors the opportunities to take part in potential private placements or expansions to existing thriving businesses that Infinex can introduce. By bringing Marijuana Funding in, we can provide aggressive long-term financing options for these companies in the terms of real estate acquisitions or refinancing, equipment-financing programs, or even the infusion of working capital."
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