Welcome to Viride Fund 1, and let me start by saying thank you for your interest in our investing platform and for sharing our vision for the future. At Viride Fund 1, we have a core belief that cannabis related businesses and real estate will be the key for anyone’s sustainable and long term investment portfolio success.As both cannabis investors and real estate principals and a range of roles our Board of Directors and Management team consist of both cannabis and business experts.
Our underwriting approach to risk assessment, along with a background in cannabis based businesses along with a successful track record weigh very heavily upon our decision to move forward with a client request for financing. Along with that, is our baseline requirement of a “clear and obtainable exit strategies.” Any borrower from VIRIDE Fund 1 must present a cogent plan to execute the profitability models set forth in the original business plan presented at underwriting and board reviews.
We know what works and what doesn’t, as well as what tempts business owners to take short cuts and have set safeguards in place to levitate that. Some examples would be sticking to a strict money management structure, using third party grower/extraction fund controls, requiring a borrower to have their own money (“skin in the game”), into the deal and thorough multi-tiered reviews of all appraisals and grow sites at our executive team level. Together we have over 30 years in real estate business development and investing (both as borrowers and lenders). This deep knowledge of deal structuring, risk assessment, investor relations, and cannabis cultivation on all levels make Viride Fund 1 uniquely qualified to perform at premium platform.
75% of the funds focus is primarily women in Cannabis. We truly feel this is a underserved demographic and want to explore Rather it be a cannabis related business or a indoor, greenhouse or outdoor grow or oil manufacturing facility, any a major tech play; we have the understanding to underwrite these projects and ensure a profitable return to our investors. We look forward to a long and profitable investment time together and welcome your review of our business strategy.