From Pot to Popular

George Mancheril: Addressing cannabis industry pain points through fintech lending

Episode Summary

The cannabis industry has experienced astounding growth over the past several years, but has done so with both hands tied behind its back. Cannabis operators are still barred from accessing institutional capital, thanks to the plant’s federally illegal status. Fortunately, there are a number of lenders navigating around these challenges and connecting cannabis businesses to the capital they need to thrive. In this episode, George Mancheril, CEO of Bespoke Financial, discusses his company’s mission to leverage fintech expertise to provide non-dilutive financing options to companies across the supply chain. He explains how Bespoke operates as a bridge between capital and cannabis, illuminating the challenges faced in cannabis financing and predicting the role that financial institutions will play when cannabis is finally legalized.