- California voters recently approved 12 local ballot measures in the 2022 midterm elections to either expand or create cannabis markets in a dozen municipalities
- These approvals, it is projected, will translate to over 70 new retail licenses and countless other business opportunities for plant-touching and ancillary companies that serve those retailers
- Having positioned itself as one of the first cannabis mortgage bankers in the United States, REZYFi’s management is confident that these approvals, coupled with the growing conversation around marijuana and its growing expansion into additional states, will significantly strengthen its brand recognition and equity
- The company looks to accumulate at least $285 million in retail origination in 2023, coupled with $250 million in wholesale origination for the same period
REZYFi, a growth mortgage origination and specialized financing company, is looking to capitalize on the recently approved cannabis ballot measures to expand retail within California and add to the growth of its market share. The recent approval by California voters of 12 local ballot measures in the 2022 midterm elections is projected to either expand or create retail cannabis markets in a dozen municipalities, mainly within San Diego and Los Angeles counties (https://cnw.fm/y81F6). REZYFi is comfortable that these approvals will aid in growing its customer numbers and revenues.
REZYFi, through its two wholly owned subsidiaries- REZYFi Lending and ResMac Inc., has continued to carve out market share in the U.S. market, with operations growing for over 13 years. The company has closed over 20,000 loans for over 15,000 clients and now looks to accumulate at least $285 million in…
NOTE TO INVESTORS: The latest news and updates relating to REZYFi are available in the company’s newsroom at https://cnw.fm/REZY
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