FOR IMMEDIATE RELEASE
Contact: Josef Pipoly, Ebee Management Group
Phone: (419) 944-8192
Email: Jpipoly@ebeeco.com

April 28th, 2022 – The cannabis industry is booming. Legal cannabis sales reached a record $19.5 billion in 2020 and are expected to increase to over $30 billion in 2022. With this incredible growth comes the opportunity for cannabis organizations to expand – building new facilities and retrofitting their existing facilities. But there remains a gap between the demand for additional grow facilities and sales locations and the ease with which cannabis organizations can qualify for and receive financing for these projects. 

Meet Ebee Management Group: the nation’s leader in C-PACE cannabis financing. The organization is nationally recognized for its abilities in educating, underwriting, structuring, and funding cannabis projects in a way that reduces transaction friction. Ebee’s proprietary process reduces the borrower’s capital costs by nearly 50% compared to industry standards. 

Ebee’s launch into the cannabis market started when it facilitated the financing of the first C-PACE-funded new construction cannabis grow and processing facility in Michigan in 2020. This $50 million state-of-the-art facility has set a new standard for the cannabis industry as demand for high-quality cannabis explodes across the nation. 

The cannabis industry offers a prime opportunity for the Ebee team to provide full-cycle financing and implementation of commercial projects to companies that would typically see huge financing hurdles for their development projects. “Ebee believes in fair and equitable business practices, and cannabis is an industry where owners are accustom to term sheets with double digit interest rates, loaded with covenants – that’s unnecessarily punitive, and it has to stop,” says Mariah Peake, President of Ebee Management Group. 

From an underwriting perspective, the cannabis industry is home to innovative, viable companies with substantial real estate and even stronger sponsors with deep institutional knowledge. Ebee’s experienced team saw an opportunity to support these organizations – and has built incredible partnerships as a result. Ebee is working with boutique cultivators and many of the most notable MSOs (multi-state operators) in the industry, who have learned that Ebee provides them access to affordable financing, plus resources to support their process and management of projects along the way. 

The competitive advantage of working with Ebee Management Group is undeniable. The organization prides itself on providing a full-service, process approach to analyzing, financing, engineering, and managing commercial projects in the cannabis market and beyond. Ebee’s team is dedicated to helping clients achieve positive cash flow for their facility upgrades while saving time, energy, and resources. “We recognize that not all companies need financing,” says Managing Partner Josef Pipoly, “but most leaders understand good leverage, and with the terms we are showing them, they can’t help but see the value.”   

Regarding current and upcoming projects, Ebee is currently closing five cannabis transactions in Q2 2022 alone – for a total of $27 million in funded transactions. By the end of 2022, Ebee’s team is expected to close $100 million in cannabis transactions. 

“Ebee is just getting started in this industry,” says Josef. “We have nine figures of committed capital ready to deploy under Ebee’s guidance.” 

Today, Ebee is an emerging leader in the cannabis industry and holds multiple leadership positions within the NCIA (National Cannabis Industry Association) in Banking and Finance, Education, and Facilities and Design. In 2021, they were awarded the Commercial Cannabis Award by Global Health & Pharma Magazine for their innovations in Cannabis Financing Solutions across the U.S.

The Ebee team is scheduled to keynote on Cannabis Finance at multiple upcoming tradeshows and events in Las Vegas, San Francisco, and Detroit. Contact us to learn more about upcoming events, including Ebee’s discussion panel with the leadership of major MSO – Curaleaf. 

About Ebee Management Group

Since 2016, Ebee Management Group has been recognized as a national leader in the C-PACE marketplace, with a goal to lower energy costs and improve our customers’ bottom line.

Our proprietary process leverages a unique C-PACE financing program to create meaningful results for financing and developing commercial projects involving energy and water-efficient retrofits, redevelopments, and new construction. From analysis to financing, planning, and construction management, we work with clients to achieve positive cash flow for their facility upgrades while saving time, energy, and resources. With over 100 transactions and over 40 years of combined experience, trust Ebee as your total financing source for commercial redevelopments and new construction.

Visit our website to learn more.